Wyclif University & Theological Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 213,000 | 194,651 | 18,349 | 2.7 | 21% |
| 2017 | 228,208 | 98,203 | 130,005 | 21.3 | 40% |
| 2018 | 79,000 | 119,982 | −40,982 | 13.3 | 42% |
| 2019 | 367,338 | 358,572 | 8,766 | 0.3 | 11% |
| 2020 | 51,000 | 74,990 | −23,990 | -2.4 | 13% |
| 2021 | 67,000 | 55,499 | 11,501 | -0.8 | 14% |
| 2022 | 65,000 | 66,896 | −1,896 | -1.0 | 0% |
| 2023 | 70,000 | 70,577 | −577 | -1.1 | 0% |
In its most recent public year (2023), this organization spent $577 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.1 months), down from 2.7 in 2016. Staff pay was 0% 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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