Limestone Baptist Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 216,308 | 206,050 | 10,258 | 13.1 | 17% |
| 2012 | 234,269 | 232,623 | 1,646 | 11.7 | 16% |
| 2013 | 215,866 | 229,294 | −13,428 | 11.1 | 16% |
| 2014 | 232,549 | 225,906 | 6,643 | 11.6 | 19% |
| 2015 | 209,592 | 216,330 | −6,738 | 11.8 | 50% |
| 2016 | 216,983 | 226,920 | −9,937 | 10.7 | 53% |
| 2017 | 338,664 | 234,132 | 104,532 | 15.7 | 42% |
| 2018 | 235,680 | 236,958 | −1,278 | 15.5 | 42% |
| 2019 | 254,927 | 252,347 | 2,580 | 14.7 | 40% |
| 2020 | 269,128 | 245,343 | 23,785 | 16.3 | 44% |
| 2021 | 300,085 | 285,711 | 14,374 | 14.6 | 38% |
| 2022 | 328,917 | 293,494 | 35,423 | 15.6 | 40% |
| 2023 | 300,619 | 310,004 | −9,385 | 14.4 | 41% |
In its most recent public year (2023), this organization spent $9,385 more than it brought in. Its reserves stood at about 14.4 months of spending, up from 13.1 in 2011. Staff pay was 41% 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
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