Seminary Covenant Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 266,186 | 286,574 | −20,388 | 4.4 | 1% |
| 2012 | 296,599 | 285,136 | 11,463 | 4.9 | 0% |
| 2013 | 284,601 | 296,138 | −11,537 | 4.2 | 0% |
| 2014 | 268,965 | 308,215 | −39,250 | 2.5 | 0% |
| 2015 | 247,849 | 274,324 | −26,475 | 1.6 | 0% |
| 2016 | 318,561 | 308,145 | 10,416 | 1.9 | 0% |
| 2017 | 310,079 | 305,358 | 4,721 | 2.1 | 0% |
| 2018 | 340,998 | 247,558 | 93,440 | 7.1 | 0% |
| 2019 | 239,497 | 219,664 | 19,833 | 9.1 | 0% |
| 2020 | 383,648 | 341,789 | 41,859 | 7.3 | 0% |
| 2021 | 608,143 | 363,394 | 244,749 | 14.9 | 0% |
| 2022 | 491,129 | 405,231 | 85,898 | 15.9 | 4% |
| 2023 | 448,202 | 395,929 | 52,273 | 17.9 | 8% |
In its most recent public year (2023), this organization brought in $52,273 more than it spent. Its reserves stood at about 17.9 months of spending, up from 4.4 in 2011. Staff pay was 8% 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
Seminary Covenant Community'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