Truth Quest Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 119,907 | 117,944 | 1,963 | 3.5 | — |
| 2021 | 177,142 | 126,180 | 50,962 | 8.1 | — |
| 2022 | 104,515 | 112,295 | −7,780 | 8.2 | — |
| 2023 | 117,116 | 143,345 | −26,229 | 4.3 | — |
In its most recent public year (2023), this organization spent $26,229 more than it brought in. Its reserves stood at about 4.3 months 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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