Family Advancement Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 407,730 | 423,908 | −16,178 | 14.1 | 11% |
| 2012 | 451,737 | 433,887 | 17,850 | 14.3 | 37% |
| 2013 | 463,032 | 473,684 | −10,652 | 12.8 | 37% |
| 2014 | 489,639 | 490,590 | −951 | 12.4 | 37% |
| 2015 | 545,870 | 486,277 | 59,593 | 13.9 | 40% |
| 2016 | 515,382 | 585,953 | −70,571 | 10.1 | 39% |
| 2017 | 448,393 | 522,355 | −73,962 | 9.7 | 0% |
| 2018 | 453,350 | 463,889 | −10,539 | 10.6 | 46% |
| 2019 | 426,148 | 449,568 | −23,420 | 10.3 | 38% |
| 2020 | 389,640 | 367,865 | 21,775 | 13.3 | 51% |
| 2021 | 382,015 | 393,566 | −11,551 | 10.8 | 51% |
| 2022 | 402,377 | 394,417 | 7,960 | 11.0 | 48% |
| 2023 | 516,223 | 442,235 | 73,988 | 11.7 | 47% |
In its most recent public year (2023), this organization brought in $73,988 more than it spent. Its reserves stood at about 11.7 months of spending, down from 14.1 in 2011. Staff pay was 47% of spending. $32,836 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
Family Advancement Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works