Bread Of Life Ministries Of Sanford Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 146,260 | 142,810 | 3,450 | 13.4 | — |
| 2022 | 105,994 | 84,522 | 21,472 | 25.7 | — |
| 2023 | 105,581 | 128,516 | −22,935 | 14.8 | — |
| 2024 | 173,273 | 119,379 | 53,894 | 21.3 | — |
In its most recent public year (2024), this organization brought in $53,894 more than it spent. Its reserves stood at about 21.3 months of spending, up from 13.4 in 2021.
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 2024. 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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