Abbeyfest Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 193,496 | 124,430 | 69,066 | 6.5 | — |
| 2017 | 180,227 | 205,884 | −25,657 | 2.4 | — |
| 2018 | 198,660 | 210,197 | −11,537 | 1.7 | — |
| 2019 | 195,687 | 206,116 | −10,429 | 1.1 | — |
| 2020 | 16,922 | 22,124 | −5,202 | 7.8 | — |
| 2021 | 202,860 | 181,275 | 21,585 | 2.4 | 0% |
| 2022 | 222,743 | 247,195 | −24,452 | 0.6 | 0% |
| 2023 | 255,708 | 258,196 | −2,488 | 0.4 | 0% |
In its most recent public year (2023), this organization spent $2,488 more than it brought in. Its reserves stood at about 0.4 months of spending, down from 6.5 in 2016. Staff pay was 0% of spending.
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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