Logos Evangelical Seminary Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,177,516 | 1,600,437 | −422,921 | 77.0 | 0% |
| 2021 | 2,879,030 | 660,860 | 2,218,170 | 226.7 | 0% |
| 2022 | 1,553,417 | 808,073 | 745,344 | 171.0 | 0% |
| 2023 | 2,336,400 | 501,242 | 1,835,158 | 340.0 | 0% |
In its most recent public year (2023), this organization brought in $1,835,158 more than it spent. Its reserves stood at about 340 months of spending, up from 77 in 2020. Staff pay was 0% of spending. $2,596,323 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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