Lustre Bible Academy Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 428,786 | 369,204 | 59,582 | 3.7 | 39% |
| 2012 | 438,139 | 397,647 | 40,492 | 4.7 | 41% |
| 2013 | 540,401 | 504,498 | 35,903 | 4.5 | 38% |
| 2014 | 826,180 | 496,885 | 329,295 | 12.6 | 40% |
| 2015 | 724,612 | 445,547 | 279,065 | 21.5 | 44% |
| 2016 | 614,271 | 465,773 | 148,498 | 24.4 | 43% |
| 2017 | 446,427 | 430,840 | 15,587 | 26.8 | 44% |
| 2018 | 468,605 | 476,232 | −7,627 | 24.1 | 41% |
| 2019 | 431,989 | 494,195 | −62,206 | 21.7 | 40% |
| 2020 | 484,901 | 431,429 | 53,472 | 26.4 | 48% |
| 2021 | 525,509 | 488,686 | 36,823 | 25.5 | 44% |
| 2022 | 641,633 | 677,140 | −35,507 | 17.8 | 40% |
| 2023 | 795,647 | 716,049 | 79,598 | 18.3 | 40% |
| 2024 | 681,943 | 727,826 | −45,883 | 17.3 | 44% |
In its most recent public year (2024), this organization spent $45,883 more than it brought in. Its reserves stood at about 17.3 months of spending, up from 3.7 in 2011. Staff pay was 44% 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 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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