Impact Ministries With The Michalskis
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 263,294 | 275,294 | −12,000 | -2.3 | 14% |
| 2012 | 457,914 | 398,578 | 59,336 | 0.2 | 8% |
| 2013 | 465,640 | 553,997 | −88,357 | -1.7 | 5% |
| 2014 | 288,698 | 239,657 | 49,041 | -1.5 | 16% |
| 2015 | 334,123 | 325,611 | 8,512 | -0.8 | 0% |
| 2016 | 371,415 | 333,708 | 37,707 | 0.6 | 12% |
| 2017 | 353,481 | 350,304 | 3,177 | 0.7 | 7% |
| 2018 | 433,324 | 426,013 | 7,311 | 0.8 | 5% |
| 2019 | 452,783 | 602,231 | −149,448 | -2.4 | 4% |
| 2020 | 689,254 | 589,453 | 99,801 | -0.5 | 4% |
| 2021 | 776,735 | 601,144 | 175,591 | 3.1 | 5% |
| 2022 | 1,363,021 | 1,466,539 | −103,518 | 0.4 | 2% |
| 2023 | 890,872 | 771,899 | 118,973 | 2.6 | 3% |
In its most recent public year (2023), this organization brought in $118,973 more than it spent. Its reserves stood at about 2.6 months of spending, up from -2.3 in 2011. Staff pay was 3% 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
Impact Ministries With The Michalskis's IRS filings as a feed — one entry per filing year, through 2023. 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