Garlock Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,850 | 90,778 | −5,928 | 2.7 | — |
| 2012 | 95,579 | 103,828 | −8,249 | 1.4 | — |
| 2013 | 79,891 | 76,511 | 3,380 | 2.5 | — |
| 2014 | 83,727 | 83,292 | 435 | 2.4 | — |
| 2015 | 71,418 | 70,141 | 1,277 | 2.8 | — |
| 2016 | 85,021 | 80,353 | 4,668 | 3.3 | — |
| 2017 | 68,342 | 81,207 | −12,865 | 2.3 | — |
| 2018 | 69,056 | 66,875 | 2,181 | 1.8 | — |
| 2019 | 49,523 | 51,118 | −1,595 | 2.1 | — |
| 2020 | 58,356 | 54,061 | 4,295 | 3.5 | — |
| 2021 | 68,962 | 75,560 | −6,598 | 1.4 | — |
| 2022 | 66,842 | 66,748 | 94 | 0.8 | — |
| 2023 | 72,020 | 69,608 | 2,412 | 1.2 | — |
In its most recent public year (2023), this organization brought in $2,412 more than it spent. Its reserves stood at about 1.2 months of spending, down from 2.7 in 2011.
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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