Elevation Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 394,739 | 275,608 | 119,131 | 5.2 | 19% |
| 2021 | 939,987 | 600,566 | 339,421 | -4.9 | 5% |
| 2022 | 821,586 | 704,282 | 117,304 | -9.8 | 9% |
| 2023 | 998,679 | 766,089 | 232,590 | -3.9 | 8% |
In its most recent public year (2023), this organization brought in $232,590 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.9 months), down from 5.2 in 2020. Staff pay was 8% 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
Elevation 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