Corn Bible Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,651,091 | 1,171,783 | 479,308 | 56.2 | 55% |
| 2021 | 2,496,870 | 1,088,416 | 1,408,454 | 76.0 | 56% |
| 2022 | 2,598,640 | 1,389,191 | 1,209,449 | 70.0 | 46% |
| 2023 | 2,214,598 | 1,824,311 | 390,287 | 55.8 | 37% |
In its most recent public year (2023), this organization brought in $390,287 more than it spent. Its reserves stood at about 55.8 months of spending. Staff pay was 37% of spending. $1,408,179 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 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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