Word And Praise Family Church Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 220,488 | 226,997 | −6,509 | 0.1 | 30% |
| 2012 | 426,044 | 417,124 | 8,920 | 0.3 | 5% |
| 2013 | 443,059 | 432,014 | 11,045 | 0.6 | 42% |
| 2014 | 531,018 | 507,117 | 23,901 | 0.1 | 34% |
| 2015 | 524,568 | 517,528 | 7,040 | 0.3 | 46% |
| 2016 | 503,675 | 508,279 | −4,604 | 0.4 | 48% |
| 2019 | 56,789 | 23,604 | 33,185 | 16.9 | — |
| 2020 | 110,843 | 95,424 | 15,419 | 1.9 | — |
In its most recent public year (2020), this organization brought in $15,419 more than it spent. Its reserves stood at about 1.9 months of spending, up from 0.1 in 2011.
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 2020. 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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