Trinity Worship Center Of Burlington Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,581,543 | 1,489,917 | 91,626 | 47.6 | 35% |
| 2022 | 1,636,191 | 1,538,149 | 98,042 | 46.4 | 34% |
In its most recent public year (2022), this organization brought in $98,042 more than it spent. Its reserves stood at about 46.4 months of spending, down from 47.6 in 2021. Staff pay was 34% of spending. $91,440 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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