Franklin Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 100,998 | 105,605 | −4,607 | 16.7 | 57% |
| 2021 | 167,645 | 154,322 | 13,323 | 12.8 | 39% |
| 2022 | 89,397 | 114,722 | −25,325 | 12.8 | 52% |
| 2023 | 101,171 | 136,269 | −35,098 | 8.2 | 44% |
In its most recent public year (2023), this organization spent $35,098 more than it brought in. Its reserves stood at about 8.2 months of spending, down from 16.7 in 2020. Staff pay was 44% 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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