Gospel Lakes Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 189,917 | 171,765 | 18,152 | 26.8 | 8% |
| 2012 | 204,249 | 165,518 | 38,731 | 30.6 | 11% |
| 2013 | 193,051 | 157,013 | 36,038 | 35.0 | 8% |
| 2014 | 161,187 | 182,907 | −21,720 | 28.7 | 13% |
| 2015 | 129,843 | 186,449 | −56,606 | 24.5 | 20% |
| 2016 | 136,950 | 177,803 | −40,853 | 22.9 | 14% |
| 2017 | 237,873 | 172,735 | 65,138 | 28.1 | 14% |
| 2018 | 178,917 | 177,076 | 1,841 | 27.5 | 24% |
| 2019 | 205,485 | 195,817 | 9,668 | 25.5 | 26% |
| 2020 | 178,923 | 173,896 | 5,027 | 29.1 | 28% |
| 2021 | 430,207 | 181,041 | 249,166 | 45.2 | 21% |
| 2022 | 462,657 | 241,047 | 221,610 | 44.9 | 17% |
In its most recent public year (2022), this organization brought in $221,610 more than it spent. Its reserves stood at about 44.9 months of spending, up from 26.8 in 2011. Staff pay was 17% 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 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
Gospel Lakes Ministries Inc's IRS filings as a feed — one entry per filing year, through 2022. 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