Lifeway Apostolic Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 23,781 | 12,441 | 11,340 | 14.5 | — |
| 2021 | 19,170 | 16,369 | 2,801 | 14.0 | — |
| 2022 | 32,334 | 30,534 | 1,800 | 12.7 | — |
| 2023 | 38,935 | 22,892 | 16,043 | 16.9 | — |
In its most recent public year (2023), this organization brought in $16,043 more than it spent. Its reserves stood at about 16.9 months of spending, up from 14.5 in 2020.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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