Solid Foundation Chapel Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 153,222 | 116,495 | 36,727 | -2.7 | — |
| 2012 | 152,890 | 150,007 | 2,883 | 8.2 | — |
| 2013 | 167,986 | 155,498 | 12,488 | -2.9 | — |
| 2017 | 148,247 | 149,483 | −1,236 | 9.5 | — |
| 2018 | 146,083 | 111,379 | 34,704 | 14.0 | — |
| 2019 | 171,265 | 122,962 | 48,303 | 13.4 | — |
| 2020 | 180,673 | 102,959 | 77,714 | 24.3 | — |
| 2022 | 192,103 | 154,421 | 37,682 | 20.4 | — |
| 2023 | 262,597 | 199,804 | 62,793 | 0.0 | 0% |
In its most recent public year (2023), this organization brought in $62,793 more than it spent. Its reserves stood at about 0 months of spending, up from -2.7 in 2011. Staff pay was 0% 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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