Greater First Missionary Baptist Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 253,830 | 206,811 | 47,019 | 26.8 | 36% |
| 2018 | 285,153 | 246,649 | 38,504 | 24.3 | 29% |
| 2019 | 289,973 | 231,442 | 58,531 | 29.0 | 32% |
| 2020 | 246,675 | 262,423 | −15,748 | 15.0 | 57% |
In its most recent public year (2020), this organization spent $15,748 more than it brought in. Its reserves stood at about 15 months of spending, down from 26.8 in 2017. Staff pay was 57% 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 2020. 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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