everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

The Church Initiative Inc

Wake Forest, NC / EIN 56-1889818 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20112,529,4392,213,565315,87412.553%
20122,582,6692,310,253272,41613.455%
20133,131,2812,557,787573,49414.855%
20142,785,0242,699,57085,45414.453%
20153,573,5022,698,895874,60718.353%
20173,094,1762,984,642109,53418.654%
20183,204,4883,111,70392,78518.252%
20193,579,5023,289,075290,42718.252%
20203,190,6993,820,763−630,06413.749%
20213,131,6253,764,764−633,13911.952%
20225,667,8504,116,6611,551,18915.449%
20237,150,4535,076,8872,073,56614.949%

In its most recent public year (2023), this organization brought in $2,073,566 more than it spent. Its reserves stood at about 14.9 months of spending, up from 12.5 in 2011. Staff pay was 49% 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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