Triumph Seminars
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 49,741 | 44,174 | 5,567 | 1.8 | — |
| 2021 | 106,908 | 103,005 | 3,903 | 0.6 | — |
| 2022 | 349,594 | 198,448 | 151,146 | 2.6 | 54% |
| 2023 | 341,417 | 334,583 | 6,834 | 1.5 | 61% |
In its most recent public year (2023), this organization brought in $6,834 more than it spent. Its reserves stood at about 1.5 months of spending. Staff pay was 61% 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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