David E Boone Sr Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,361,361 | 1,158,080 | 203,281 | 4.5 | 53% |
| 2022 | 1,857,731 | 1,743,162 | 114,569 | 3.8 | 42% |
| 2023 | 2,208,286 | 1,965,051 | 243,235 | 6.1 | 39% |
In its most recent public year (2023), this organization brought in $243,235 more than it spent. Its reserves stood at about 6.1 months of spending, up from 4.5 in 2021. Staff pay was 39% 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
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