Novea Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 82,630 | 54,812 | 27,818 | 8.4 | — |
| 2012 | 60,733 | 59,378 | 1,355 | 8.0 | — |
| 2013 | 49,211 | 53,066 | −3,855 | 8.1 | — |
| 2014 | 58,575 | 48,489 | 10,086 | 11.3 | — |
| 2015 | 64,060 | 52,125 | 11,935 | 13.3 | — |
| 2016 | 52,274 | 48,833 | 3,441 | 15.0 | — |
| 2017 | 68,271 | 54,198 | 14,073 | 16.7 | — |
| 2018 | 72,907 | 53,006 | 19,901 | 21.6 | — |
| 2019 | 62,079 | 53,609 | 8,470 | 23.2 | — |
| 2020 | 59,457 | 81,257 | −21,800 | 12.1 | — |
| 2021 | 63,727 | 45,981 | 17,746 | 26.0 | — |
In its most recent public year (2021), this organization brought in $17,746 more than it spent. Its reserves stood at about 26 months of spending, up from 8.4 in 2011.
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 2021. 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
Novea Ministries's IRS filings as a feed — one entry per filing year, through 2021. 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