Tomagwa Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,281,609 | 2,784,856 | −503,247 | 6.9 | 47% |
| 2021 | 3,087,536 | 2,820,672 | 266,864 | 7.9 | 50% |
| 2022 | 4,545,710 | 4,013,459 | 532,251 | 7.2 | 34% |
In its most recent public year (2022), this organization brought in $532,251 more than it spent. Its reserves stood at about 7.2 months of spending. Staff pay was 34% of spending. $922,080 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 2022. 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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