Davenport Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 92,355 | −92,355 | -12.0 | 0% |
| 2017 | 0 | 143 | −143 | -12.0 | 0% |
| 2018 | 570,045 | 563,921 | 6,124 | 39.3 | 7% |
| 2019 | 602,619 | 601,355 | 1,264 | 36.7 | 7% |
| 2020 | 633,027 | 601,098 | 31,929 | 37.4 | 16% |
| 2021 | −920,933 | 683,183 | −1,604,116 | 4.5 | 14% |
| 2022 | −250,740 | 5,967 | −256,707 | 0.0 | 0% |
In its most recent public year (2022), this organization spent $256,707 more than it brought in. Its reserves stood at about 0 months of spending, up from -12 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 2022. 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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