Living Faith Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 700,223 | 645,407 | 54,816 | 1.0 | 0% |
| 2015 | 741,895 | 732,625 | 9,270 | 0.2 | 4% |
| 2016 | 934,715 | 916,515 | 18,200 | 0.4 | 15% |
| 2017 | 1,242,729 | 1,192,559 | 50,170 | 0.8 | 9% |
| 2018 | 1,460,270 | 1,414,893 | 45,377 | 0.4 | 15% |
| 2019 | 1,502,483 | 1,475,678 | 26,805 | 0.6 | 6% |
| 2020 | 1,348,775 | 1,688,885 | −340,110 | -1.9 | 15% |
| 2021 | 2,214,316 | 2,135,720 | 78,596 | -1.1 | 14% |
| 2022 | 1,747,927 | 1,778,927 | −31,000 | -1.5 | 22% |
| 2023 | 1,693,980 | 1,633,837 | 60,143 | -1.2 | 32% |
In its most recent public year (2023), this organization brought in $60,143 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 1 in 2014. Staff pay was 32% 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
Living Faith Academy's IRS filings as a feed — one entry per filing year, through 2023. 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