Terry Gorham Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 118,404 | 196,689 | −78,285 | 4.6 | 10% |
| 2011 | 121,470 | 130,794 | −9,324 | 6.0 | 5% |
| 2012 | 306,268 | 321,172 | −14,904 | 1.9 | 3% |
| 2013 | 381,157 | 377,030 | 4,127 | 1.7 | 4% |
| 2014 | 76,184 | 76,211 | −27 | 8.6 | 31% |
| 2015 | 23,325 | 27,351 | −4,026 | 39.2 | — |
| 2016 | 0 | 9,689 | −9,689 | 98.8 | — |
| 2017 | 0 | 7,844 | −7,844 | 110.0 | — |
| 2018 | 0 | 7,526 | −7,526 | 102.7 | — |
| 2019 | 13,602 | 6,451 | 7,151 | 133.1 | — |
| 2020 | 0 | 3,380 | −3,380 | 242.0 | — |
| 2021 | 32,500 | 574 | 31,926 | 746.3 | — |
In its most recent public year (2021), this organization brought in $31,926 more than it spent. Its reserves stood at about 746.3 months of spending, up from 4.6 in 2010.
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
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