Oar Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 8,335 | 3,763 | 4,572 | 14.6 | — |
| 2019 | 17,735 | 15,908 | 1,827 | 1.4 | — |
| 2020 | 0 | 1,500 | −1,500 | 2.6 | — |
In its most recent public year (2020), this organization spent $1,500 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 14.6 in 2018.
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 2020. 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
Oar Ministries Inc's IRS filings as a feed — one entry per filing year, through 2020. 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