Glory Encounters Ministry Gem
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,702 | 2,503 | 3,199 | 15.3 | — |
| 2021 | 17,215 | 11,267 | 5,948 | 9.7 | — |
| 2022 | 23,513 | 13,984 | 9,529 | 16.0 | — |
| 2023 | 18,279 | 16,566 | 1,713 | 14.8 | — |
In its most recent public year (2023), this organization brought in $1,713 more than it spent. Its reserves stood at about 14.8 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
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