Mending Vessels Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 745 | 1,131 | −386 | -4.1 | — |
| 2016 | 1,985 | 1,808 | 177 | 6.1 | — |
| 2017 | 6,429 | 3,522 | 2,907 | 13.0 | — |
| 2018 | 10,183 | 8,220 | 1,963 | 8.5 | — |
| 2019 | 8,166 | 11,533 | −3,367 | 2.5 | — |
| 2020 | 16,635 | 12,952 | 3,683 | 5.7 | — |
In its most recent public year (2020), this organization brought in $3,683 more than it spent. Its reserves stood at about 5.7 months of spending, up from -4.1 in 2015.
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 2020. 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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