Maryland Bible College & Seminary Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 223,336 | 236,264 | −12,928 | 2.3 | 43% |
| 2012 | 205,138 | 197,765 | 7,373 | 3.2 | 43% |
| 2013 | 213,150 | 189,702 | 23,448 | 4.8 | 43% |
| 2014 | 164,491 | 184,278 | −19,787 | 3.6 | 42% |
| 2015 | 199,527 | 180,854 | 18,673 | 4.9 | 0% |
| 2016 | 173,861 | 189,561 | −15,700 | 3.7 | 0% |
| 2017 | 186,979 | 209,926 | −22,947 | 2.0 | 0% |
| 2018 | 165,297 | 213,271 | −47,974 | -0.7 | 45% |
| 2019 | 217,363 | 227,489 | −10,126 | -1.2 | 0% |
| 2020 | 174,220 | 229,139 | −54,919 | -4.0 | 0% |
| 2021 | 206,018 | 246,077 | −40,059 | -5.7 | 57% |
| 2022 | 259,396 | 327,716 | −68,320 | -6.8 | 51% |
| 2023 | 1,157,140 | 356,862 | 800,278 | 20.7 | 0% |
In its most recent public year (2023), this organization brought in $800,278 more than it spent. Its reserves stood at about 20.7 months of spending, up from 2.3 in 2011. 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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