Christian Education Development Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,923,091 | 1,619,602 | 303,489 | 9.3 | 52% |
| 2022 | 2,785,767 | 2,080,941 | 704,826 | 11.3 | 56% |
| 2023 | 2,532,919 | 2,228,815 | 304,104 | 12.2 | 57% |
In its most recent public year (2023), this organization brought in $304,104 more than it spent. Its reserves stood at about 12.2 months of spending, up from 9.3 in 2021. Staff pay was 57% of spending. $53,359 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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