Apostolic Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 173,264 | 169,834 | 3,430 | 2.7 | — |
| 2021 | 200,195 | 160,164 | 40,031 | 5.9 | 60% |
| 2022 | 184,995 | 165,753 | 19,242 | 7.0 | — |
| 2023 | 194,053 | 181,215 | 12,838 | 7.3 | — |
In its most recent public year (2023), this organization brought in $12,838 more than it spent. Its reserves stood at about 7.3 months of spending, up from 2.7 in 2020.
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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