New Beginnings Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,801,556 | 2,437,958 | 363,598 | 8.1 | 55% |
| 2011 | 2,811,010 | 2,590,403 | 220,607 | 8.7 | 54% |
| 2012 | 2,671,880 | 2,563,462 | 108,418 | 9.4 | 54% |
| 2013 | 2,646,172 | 2,331,930 | 314,242 | 12.4 | 77% |
| 2014 | 3,276,583 | 2,461,383 | 815,200 | 15.7 | 55% |
| 2015 | 2,990,227 | 2,572,452 | 417,775 | 16.9 | 54% |
| 2016 | 2,486,846 | 2,527,403 | −40,557 | 17.1 | 54% |
| 2017 | 2,671,870 | 2,688,263 | −16,393 | 16.1 | 53% |
| 2018 | 3,346,618 | 2,857,300 | 489,318 | 17.1 | 52% |
| 2019 | 2,704,384 | 3,053,113 | −348,729 | 14.7 | 54% |
| 2020 | 3,307,258 | 3,039,761 | 267,497 | 16.0 | 58% |
| 2021 | 2,943,859 | 2,991,302 | −47,443 | 16.0 | 58% |
| 2022 | 4,094,330 | 3,341,070 | 753,260 | 16.6 | 57% |
| 2023 | 4,107,162 | 3,837,759 | 269,403 | 16.0 | 57% |
In its most recent public year (2023), this organization brought in $269,403 more than it spent. Its reserves stood at about 16 months of spending, up from 8.1 in 2010. Staff pay was 57% of spending. $842,303 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
New Beginnings Inc's IRS filings as a feed — one entry per filing year, through 2023. 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