Associate Reformed Presbyterian Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,062,623 | 1,472,801 | −410,178 | -14.3 | 0% |
| 2021 | 1,014,906 | 1,010,875 | 4,031 | -20.8 | 0% |
| 2022 | 1,105,666 | 829,516 | 276,150 | -21.3 | 0% |
| 2023 | 1,041,667 | 907,007 | 134,660 | -17.7 | 0% |
In its most recent public year (2023), this organization brought in $134,660 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-17.7 months), down from -14.3 in 2020. 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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