First Baptist Church Lubbock Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 81,614 | 46,934 | 34,680 | 302.9 | 0% |
| 2013 | 141,295 | 58,639 | 82,656 | 270.3 | 0% |
| 2014 | 84,771 | 59,242 | 25,529 | 293.6 | 0% |
| 2015 | 75,468 | 1,445 | 74,023 | 12815.0 | 0% |
| 2016 | 85,143 | 64,344 | 20,799 | 265.5 | 0% |
| 2017 | 85,582 | 133,164 | −47,582 | 131.2 | 0% |
| 2018 | 107,203 | 66,500 | 40,703 | 285.0 | 0% |
| 2019 | 128,791 | 72,000 | 56,791 | 263.8 | 0% |
| 2020 | 240,867 | 0 | 240,867 | — | — |
| 2021 | 97,651 | 0 | 97,651 | — | — |
| 2022 | 74,879 | 154,000 | −79,121 | 175.1 | 0% |
| 2023 | 169,225 | 0 | 169,225 | — | — |
In its most recent public year (2023), this organization brought in $169,225 more than it spent. $2,213,539 of its net assets are donor-restricted.
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
First Baptist Church Lubbock Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works