Team Faith Racing Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 278,611 | 265,293 | 13,318 | 3.4 | 10% |
| 2012 | 261,582 | 261,112 | 470 | 3.5 | 11% |
| 2013 | 376,154 | 397,874 | −21,720 | 1.6 | 17% |
| 2014 | 159,865 | 180,984 | −21,119 | 3.4 | 48% |
| 2015 | 295,045 | 283,882 | 11,163 | 0.0 | 8% |
| 2016 | 279,030 | 252,972 | 26,058 | 0.0 | 19% |
| 2017 | 294,681 | 253,736 | 40,945 | 0.0 | 17% |
| 2018 | 242,629 | 276,871 | −34,242 | 0.0 | 15% |
| 2019 | 355,593 | 353,690 | 1,903 | 0.0 | 14% |
| 2020 | 250,239 | 224,414 | 25,825 | 0.0 | 20% |
| 2021 | 349,504 | 341,155 | 8,349 | 0.3 | 13% |
| 2022 | 330,281 | 341,111 | −10,830 | 0.8 | 6% |
| 2023 | 369,807 | 338,547 | 31,260 | 1.9 | 17% |
In its most recent public year (2023), this organization brought in $31,260 more than it spent. Its reserves stood at about 1.9 months of spending, down from 3.4 in 2011. Staff pay was 17% 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
Team Faith Racing Ministry'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