Bobby Garcia Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 81,059 | 70,737 | 10,322 | 13.1 | 30% |
| 2021 | 190,315 | 118,265 | 72,050 | 17.2 | 17% |
| 2022 | 102,620 | 153,627 | −51,007 | 8.6 | 17% |
| 2023 | 47,271 | 61,666 | −14,395 | 14.9 | 41% |
In its most recent public year (2023), this organization spent $14,395 more than it brought in. Its reserves stood at about 14.9 months of spending, up from 13.1 in 2020. Staff pay was 41% 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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