Fic Ministries Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 76,516 | 87,355 | −10,839 | 16.3 | — |
| 2020 | 59,860 | 85,507 | −25,647 | 13.9 | — |
| 2021 | 100,257 | 82,490 | 17,767 | 16.1 | — |
| 2022 | 97,340 | 88,410 | 8,930 | 16.3 | — |
| 2023 | 70,481 | 86,290 | −15,809 | 14.5 | — |
In its most recent public year (2023), this organization spent $15,809 more than it brought in. Its reserves stood at about 14.5 months of spending, down from 16.3 in 2019.
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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