Victory Ministries Of Alaska Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 493,946 | 297,734 | 196,212 | 199.4 | 43% |
| 2021 | 2,190,980 | 1,879,165 | 311,815 | 33.6 | 40% |
| 2022 | 2,042,368 | 1,895,914 | 146,454 | 34.2 | 32% |
| 2023 | 2,642,419 | 2,068,539 | 573,880 | 34.7 | 34% |
In its most recent public year (2023), this organization brought in $573,880 more than it spent. Its reserves stood at about 34.7 months of spending, down from 199.4 in 2020. Staff pay was 34% of spending. $1,071,140 of its net assets are donor-restricted.
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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