Advance Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 440,244 | 431,723 | 8,521 | -6.6 | 27% |
| 2012 | 520,543 | 482,869 | 37,674 | -5.0 | 27% |
| 2013 | 489,531 | 463,415 | 26,116 | -4.5 | 28% |
| 2014 | 558,813 | 547,091 | 11,722 | -3.6 | 25% |
| 2015 | 542,958 | 480,302 | 62,656 | -2.5 | 28% |
| 2016 | 713,602 | 586,805 | 126,797 | 0.5 | 25% |
| 2017 | 553,680 | 518,438 | 35,242 | 1.4 | 28% |
| 2018 | 557,571 | 530,519 | 27,052 | 2.0 | 27% |
| 2019 | 591,370 | 552,268 | 39,102 | 2.8 | 29% |
| 2020 | 713,046 | 689,779 | 23,267 | -10.5 | 25% |
| 2021 | 777,532 | 694,269 | 83,263 | -9.8 | 27% |
| 2022 | 887,892 | 811,140 | 76,752 | -7.3 | 24% |
| 2023 | 799,760 | 767,353 | 32,407 | -7.2 | 29% |
In its most recent public year (2023), this organization brought in $32,407 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-7.2 months). Staff pay was 29% 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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