Southminster Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,081,274 | 21,377,676 | −1,296,402 | -9.3 | 31% |
| 2012 | 20,748,143 | 20,918,476 | −170,333 | -9.3 | 30% |
| 2013 | 23,167,123 | 22,970,825 | 196,298 | -8.3 | 31% |
| 2014 | 26,750,470 | 25,359,812 | 1,390,658 | -6.7 | 32% |
| 2015 | 27,878,562 | 26,478,006 | 1,400,556 | -6.4 | 33% |
| 2016 | 28,354,070 | 28,324,450 | 29,620 | -5.3 | 33% |
| 2017 | 30,304,584 | 29,180,842 | 1,123,742 | -5.9 | 35% |
| 2018 | 31,150,720 | 28,826,891 | 2,323,829 | -4.7 | 38% |
| 2019 | 33,456,364 | 30,764,577 | 2,691,787 | -3.8 | 38% |
| 2020 | 33,835,189 | 32,834,681 | 1,000,508 | -2.9 | 38% |
| 2021 | 38,734,490 | 42,078,257 | −3,343,767 | -2.7 | 32% |
| 2022 | 46,562,509 | 46,616,748 | −54,239 | -4.6 | 32% |
| 2023 | 51,247,846 | 51,277,445 | −29,599 | -3.8 | 33% |
In its most recent public year (2023), this organization spent $29,599 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.8 months), up from -9.3 in 2011. Staff pay was 33% of spending. $519,113 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
Southminster 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