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

Trail Of Faith

Valdese, NC / EIN 56-1902394 / Form 990 / latest filing 2022
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011177,85484,73893,116236.523%
2012138,800127,41511,385158.446%
2013201,627200,2861,341100.837%
2014180,854194,097−13,243119.547%
2015167,505134,87932,626174.441%
2016164,359164,187172143.340%
2017169,028158,60210,426149.117%
2018238,981112,084126,897208.423%
2019168,969116,24352,726218.323%
2020151,797114,93836,859225.734%
2021170,426113,86656,560241.131%
2022100,175112,578−12,403213.427%

In its most recent public year (2022), this organization spent $12,403 more than it brought in. Its reserves stood at about 213.4 months of spending, down from 236.5 in 2011. Staff pay was 27% of spending. $829,010 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 2022. 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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