Seaport Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 57,522 | 44,415 | 13,107 | 7.4 | — |
| 2017 | 90,961 | 94,806 | −3,845 | 3.0 | — |
| 2018 | 99,486 | 98,493 | 993 | 3.0 | — |
| 2019 | 115,656 | 102,643 | 13,013 | 4.4 | — |
| 2020 | 105,280 | 89,194 | 16,086 | 7.2 | — |
| 2021 | 105,340 | 103,330 | 2,010 | 6.5 | — |
| 2022 | 119,756 | 102,307 | 17,449 | 8.6 | — |
| 2023 | 114,107 | 120,564 | −6,457 | 6.6 | — |
In its most recent public year (2023), this organization spent $6,457 more than it brought in. Its reserves stood at about 6.6 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
Seaport Ministries'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