Progressive Missionary Baptist Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 397,812 | 413,621 | −15,809 | 6.4 | 33% |
| 2018 | 419,837 | 416,224 | 3,613 | 6.5 | 38% |
| 2019 | 422,423 | 406,920 | 15,503 | 7.1 | 42% |
| 2020 | 415,950 | 357,727 | 58,223 | 18.7 | 44% |
| 2021 | 394,420 | 421,946 | −27,526 | 15.1 | 39% |
| 2022 | 371,522 | 386,702 | −15,180 | 16.0 | 33% |
| 2023 | 365,988 | 396,233 | −30,245 | 14.6 | 26% |
In its most recent public year (2023), this organization spent $30,245 more than it brought in. Its reserves stood at about 14.6 months of spending, up from 6.4 in 2017. Staff pay was 26% 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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