Gospel Nuggets Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 155,694 | 137,988 | 17,706 | 11.1 | — |
| 2022 | 192,375 | 153,844 | 38,531 | 12.9 | — |
| 2023 | 192,375 | 183,612 | 8,763 | 11.4 | — |
| 2024 | 163,961 | 165,236 | −1,275 | 13.0 | — |
In its most recent public year (2024), this organization spent $1,275 more than it brought in. Its reserves stood at about 13 months of spending, up from 11.1 in 2021.
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 2024. 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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