Northwind Theological Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 85,950 | 81,839 | 4,111 | 0.6 | 80% |
| 2021 | 153,621 | 147,160 | 6,461 | 0.7 | 81% |
| 2022 | 314,101 | 309,761 | 4,340 | 0.5 | 0% |
| 2023 | 318,181 | 314,648 | 3,533 | 0.6 | 0% |
In its most recent public year (2023), this organization brought in $3,533 more than it spent. Its reserves stood at about 0.6 months of spending. Staff pay was 0% 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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