Gorman Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 217,373 | 216,309 | 1,064 | -1.5 | 44% |
| 2012 | 145,478 | 111,984 | 33,494 | -0.4 | 22% |
| 2013 | 186,993 | 200,298 | −13,305 | -1.0 | 38% |
| 2014 | 156,620 | 145,650 | 10,970 | -0.5 | 34% |
| 2015 | 138,152 | 119,456 | 18,696 | 1.2 | 21% |
| 2016 | 142,477 | 146,165 | −3,688 | 0.7 | 39% |
| 2017 | 81,577 | 81,079 | 498 | 0.8 | — |
| 2018 | 43,209 | 46,498 | −3,289 | 0.5 | — |
| 2019 | 28,124 | 26,336 | 1,788 | 1.7 | — |
| 2020 | 52,132 | 34,738 | 17,394 | 7.3 | — |
| 2021 | 51,934 | 37,561 | 14,373 | 11.3 | — |
In its most recent public year (2021), this organization brought in $14,373 more than it spent. Its reserves stood at about 11.3 months of spending, up from -1.5 in 2011.
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 2021. 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
Gorman Ministries's IRS filings as a feed — one entry per filing year, through 2021. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works