Omega Bible Institute & Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 72,630 | 74,210 | −1,580 | 0.4 | — |
| 2012 | 106,184 | 104,396 | 1,788 | 0.5 | — |
| 2013 | 63,666 | 62,028 | 1,638 | 1.1 | — |
| 2014 | 45,123 | 48,364 | −3,241 | 0.6 | — |
| 2015 | 41,340 | 41,061 | 279 | 0.8 | — |
| 2016 | 39,200 | 30,278 | 8,922 | 4.6 | — |
| 2017 | 45,797 | 48,272 | −2,475 | 2.3 | — |
| 2018 | 53,954 | 61,267 | −7,313 | 0.4 | — |
| 2019 | 50,392 | 50,179 | 213 | 0.5 | — |
| 2020 | 58,138 | 52,196 | 5,942 | 1.8 | — |
| 2021 | 56,797 | 56,644 | 153 | 1.7 | — |
| 2022 | 51,889 | 50,346 | 1,543 | 2.3 | — |
| 2023 | 47,774 | 54,977 | −7,203 | 0.5 | — |
In its most recent public year (2023), this organization spent $7,203 more than it brought in. Its reserves stood at about 0.5 months of spending.
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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