Generation Of Faith Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 214,272 | 196,132 | 18,140 | 1.4 | 8% |
| 2021 | 147,457 | 258,787 | −111,330 | -7.2 | 4% |
| 2022 | 147,863 | 204,975 | −57,112 | -12.5 | 2% |
| 2023 | 62,522 | 229,826 | −167,304 | -19.9 | 10% |
In its most recent public year (2023), this organization spent $167,304 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-19.9 months), down from 1.4 in 2019. Staff pay was 10% 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
Generation Of Faith Foundation'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