Downtown Bible Class Of Lubbock Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 66,929 | 43,467 | 23,462 | 61.8 | — |
| 2020 | 54,833 | 48,748 | 6,085 | 56.6 | — |
| 2021 | 51,991 | 42,493 | 9,498 | 67.6 | — |
| 2022 | 40,483 | 41,727 | −1,244 | 68.5 | — |
| 2023 | 41,632 | 45,423 | −3,791 | 62.0 | — |
In its most recent public year (2023), this organization spent $3,791 more than it brought in. Its reserves stood at about 62 months 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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