St Nersess Armenian Seminary Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 998,645 | 740,695 | 257,950 | 166.6 | 28% |
| 2012 | 538,199 | 756,990 | −218,791 | 158.9 | 27% |
| 2013 | 989,124 | 817,163 | 171,961 | 158.3 | 26% |
| 2014 | 2,009,498 | 1,039,655 | 969,843 | 146.6 | 22% |
| 2015 | 1,221,492 | 988,537 | 232,955 | 153.0 | 30% |
| 2016 | 5,591,113 | 1,023,676 | 4,567,437 | 199.3 | 31% |
| 2017 | 853,555 | 1,157,826 | −304,271 | 182.7 | 30% |
| 2018 | 923,107 | 1,204,071 | −280,964 | 177.1 | 27% |
| 2019 | 947,469 | 1,202,488 | −255,019 | 177.4 | 29% |
| 2020 | 601,721 | 1,163,922 | −562,201 | 176.7 | 10% |
| 2021 | 1,651,919 | 1,209,642 | 442,277 | 198.7 | 9% |
| 2022 | 2,109,997 | 1,243,569 | 866,428 | 194.1 | 10% |
| 2023 | 1,120,747 | 1,365,556 | −244,809 | 175.2 | 9% |
In its most recent public year (2023), this organization spent $244,809 more than it brought in. Its reserves stood at about 175.2 months of spending, up from 166.6 in 2011. Staff pay was 9% of spending. $11,281,619 of its net assets are donor-restricted.
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
St Nersess Armenian Seminary Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works