Admirable Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 32,416 | 32,254 | 162 | 0.2 | — |
| 2020 | 17,633 | 33,261 | −15,628 | -5.4 | — |
| 2021 | 27,834 | 28,615 | −781 | -6.7 | — |
In its most recent public year (2021), this organization spent $781 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.7 months), down from 0.2 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 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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