Calvary Music Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 65,027 | 70,846 | −5,819 | 6.0 | — |
| 2013 | 56,655 | 43,970 | 12,685 | 13.4 | — |
| 2014 | 40,779 | 33,041 | 7,738 | 20.6 | — |
| 2019 | 124,754 | 129,547 | −4,793 | -10.8 | — |
| 2020 | 196,046 | 46,770 | 149,276 | 8.3 | — |
| 2021 | 118,045 | 165,897 | −47,852 | -1.1 | — |
| 2022 | 121,853 | 114,529 | 7,324 | -0.8 | — |
In its most recent public year (2022), this organization brought in $7,324 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), down from 6 in 2012.
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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