Trinity Broadcasting Of Florida Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,641,390 | 13,520,052 | −8,878,662 | 41.3 | 0% |
| 2021 | 6,162,171 | 13,531,565 | −7,369,394 | 45.5 | 3% |
| 2022 | 7,553,806 | 6,829,182 | 724,624 | 91.5 | 6% |
| 2023 | 133,374 | 15,357,104 | −15,223,730 | 28.8 | 2% |
In its most recent public year (2023), this organization spent $15,223,730 more than it brought in. Its reserves stood at about 28.8 months of spending, down from 41.3 in 2020. Staff pay was 2% of spending. $134,557 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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