Paramount Church Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 26,701 | 96,093 | −69,392 | 149.2 | 13% |
| 2011 | 77,349 | 86,312 | −8,963 | 164.8 | 9% |
| 2012 | 76,427 | 75,786 | 641 | 187.8 | 8% |
| 2013 | 104,805 | 91,364 | 13,441 | 157.6 | 0% |
| 2014 | 102,126 | 95,201 | 6,925 | 152.1 | 0% |
| 2015 | 114,791 | 88,774 | 26,017 | 166.6 | 2% |
| 2016 | 102,526 | 93,146 | 9,380 | 160.0 | 1% |
| 2017 | 70,125 | 132,683 | −62,558 | 106.7 | 1% |
| 2018 | −93,442 | 136,557 | −229,999 | 83.5 | 2% |
| 2019 | 76,205 | 124,560 | −48,355 | 86.8 | 3% |
| 2020 | 45,046 | 103,884 | −58,838 | 98.3 | 3% |
In its most recent public year (2020), this organization spent $58,838 more than it brought in. Its reserves stood at about 98.3 months of spending, down from 149.2 in 2010. Staff pay was 3% 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 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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