Reformed Baptist Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 264,660 | 232,110 | 32,550 | 8.8 | 40% |
| 2022 | 286,861 | 228,134 | 58,727 | 12.0 | 48% |
| 2023 | 288,073 | 262,245 | 25,828 | 11.6 | 52% |
| 2024 | 305,164 | 283,842 | 21,322 | 11.7 | 63% |
In its most recent public year (2024), this organization brought in $21,322 more than it spent. Its reserves stood at about 11.7 months of spending, up from 8.8 in 2021. Staff pay was 63% 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 2024. 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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