The First United Methodist Church Foundation Of Laurens
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 34,312 | 10,668 | 23,644 | 899.9 | 0% |
| 2020 | 37,216 | 13,424 | 23,792 | 795.9 | 0% |
| 2021 | 84,057 | 31,306 | 52,751 | 377.7 | 0% |
| 2022 | 6,869 | 16,324 | −9,455 | 621.1 | 0% |
| 2023 | 33,804 | 62,354 | −28,550 | 178.1 | 0% |
In its most recent public year (2023), this organization spent $28,550 more than it brought in. Its reserves stood at about 178.1 months of spending, down from 899.9 in 2019. Staff pay was 0% of spending. $385,186 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
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