New Orleans Baptist Seminary Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,119,860 | 1,232,898 | 886,962 | 266.0 | 0% |
| 2013 | 2,516,531 | 2,101,933 | 414,598 | 153.9 | 0% |
| 2014 | 1,990,986 | 1,813,448 | 177,538 | 176.8 | 0% |
| 2015 | 1,980,325 | 1,780,600 | 199,725 | 171.2 | 0% |
| 2016 | 1,737,351 | 1,757,688 | −20,337 | 173.0 | 0% |
| 2017 | 1,359,087 | 1,638,847 | −279,760 | 188.3 | 0% |
| 2018 | 1,844,094 | 1,464,864 | 379,230 | 210.7 | 0% |
| 2019 | 1,605,960 | 1,372,781 | 233,179 | 227.7 | 0% |
| 2020 | 1,907,395 | 1,449,415 | 457,980 | 204.8 | 0% |
| 2021 | 1,039,185 | 1,793,022 | −753,837 | 176.5 | 0% |
| 2022 | 5,069,422 | 1,407,709 | 3,661,713 | 241.4 | 0% |
| 2023 | 1,667,417 | 1,409,889 | 257,528 | 239.4 | 0% |
| 2024 | 2,433,919 | 1,761,598 | 672,321 | 197.0 | 0% |
In its most recent public year (2024), this organization brought in $672,321 more than it spent. Its reserves stood at about 197 months of spending, down from 266 in 2012. Staff pay was 0% of spending. $24,563,255 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 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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