Southeasterrn Baptist College Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 352,407 | 506,092 | −153,685 | 6.1 | 51% |
| 2017 | 599,825 | 595,212 | 4,613 | 5.3 | 46% |
| 2018 | 694,474 | 589,443 | 105,031 | 7.5 | 41% |
| 2019 | 1,033,913 | 1,016,379 | 17,534 | 4.5 | 30% |
| 2020 | 1,149,068 | 1,199,093 | −50,025 | 3.3 | 36% |
| 2021 | 2,083,293 | 1,501,846 | 581,447 | 7.3 | 35% |
| 2022 | 2,290,182 | 2,271,328 | 18,854 | 4.9 | 26% |
| 2023 | 2,274,706 | 2,126,878 | 147,828 | 6.1 | 32% |
In its most recent public year (2023), this organization brought in $147,828 more than it spent. Its reserves stood at about 6.1 months of spending. Staff pay was 32% of spending. $201,636 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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