Ferrante Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 107,289 | 107,289 | 0 | 0.0 | — |
| 2017 | 137,618 | 136,042 | 1,576 | 0.1 | — |
| 2018 | 238,754 | 222,097 | 16,657 | 2.0 | 76% |
| 2019 | 502,941 | 343,117 | 159,824 | 6.8 | 74% |
| 2020 | 691,204 | 594,019 | 97,185 | 5.7 | 64% |
In its most recent public year (2020), this organization brought in $97,185 more than it spent. Its reserves stood at about 5.7 months of spending, up from 0 in 2016. Staff pay was 64% 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 2020. 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
Ferrante Ministries Inc's IRS filings as a feed — one entry per filing year, through 2020. 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