Coral Ridge Ministries Media Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 8,024,762 | 4,816,067 | 3,208,695 | 15.3 | 35% |
| 2022 | 5,096,888 | 5,356,682 | −259,794 | 12.0 | 31% |
| 2023 | 4,426,446 | 6,281,351 | −1,854,905 | 7.2 | 29% |
In its most recent public year (2023), this organization spent $1,854,905 more than it brought in. Its reserves stood at about 7.2 months of spending, down from 15.3 in 2021. Staff pay was 29% of spending. $589,680 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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