Elderquest Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,089 | 48,308 | 21,781 | 8.6 | — |
| 2012 | 50,743 | 62,097 | −11,354 | 4.5 | — |
| 2013 | 72,851 | 72,377 | 474 | 3.9 | — |
| 2014 | 71,040 | 48,424 | 22,616 | 11.6 | — |
| 2015 | 56,625 | 57,216 | −591 | 9.7 | — |
| 2016 | 54,547 | 54,627 | −80 | 9.1 | — |
| 2017 | 44,174 | 57,905 | −13,731 | 5.8 | — |
| 2018 | 38,765 | 42,192 | −3,427 | 6.9 | — |
| 2019 | 44,796 | 39,435 | 5,361 | 9.0 | — |
| 2020 | 22,106 | 26,373 | −4,267 | 11.6 | — |
In its most recent public year (2020), this organization spent $4,267 more than it brought in. Its reserves stood at about 11.6 months of spending, up from 8.6 in 2011.
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
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