Solid Rock Baptist Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 225,532 | 280,807 | −55,275 | 0.0 | 15% |
| 2017 | 269,621 | 187,007 | 82,614 | 86.1 | 23% |
| 2018 | 302,175 | 212,672 | 89,503 | 80.7 | 23% |
| 2019 | 333,969 | 201,445 | 132,524 | 74.4 | 9% |
| 2020 | 227,289 | 221,805 | 5,484 | 67.9 | 4% |
| 2021 | 379,910 | 169,265 | 210,645 | 103.9 | 7% |
| 2022 | 375,600 | 279,806 | 95,794 | 67.0 | 8% |
| 2023 | 372,568 | 334,373 | 38,195 | 57.4 | 7% |
In its most recent public year (2023), this organization brought in $38,195 more than it spent. Its reserves stood at about 57.4 months of spending, up from 0 in 2016. Staff pay was 7% 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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