Living Word Full Gospel Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 316,454 | 143,168 | 173,286 | 14.5 | 42% |
| 2020 | 210,428 | 226,612 | −16,184 | -0.9 | 32% |
In its most recent public year (2020), this organization spent $16,184 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.9 months), down from 14.5 in 2019. Staff pay was 32% 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 2020. 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
Living Word Full Gospel Ministry Inc's IRS filings as a feed — one entry per filing year, through 2020. 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