Greenwood Ministries Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 153,479 | 166,021 | −12,542 | 2.7 | — |
| 2018 | 142,039 | 141,101 | 938 | 3.5 | — |
| 2019 | 145,605 | 145,267 | 338 | 3.3 | — |
| 2020 | 137,062 | 134,285 | 2,777 | 3.6 | — |
| 2021 | 715,711 | 177,587 | 538,124 | 37.9 | 40% |
| 2022 | 293,065 | 237,864 | 55,201 | 30.7 | 37% |
| 2023 | 177,975 | 176,693 | 1,282 | 40.7 | 59% |
In its most recent public year (2023), this organization brought in $1,282 more than it spent. Its reserves stood at about 40.7 months of spending, up from 2.7 in 2017. Staff pay was 59% of spending. $18,000 of its net assets are donor-restricted.
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
Greenwood Ministries Association'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