New Connections
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,317 | 59,168 | 149 | 2.4 | — |
| 2018 | 58,124 | 57,645 | 479 | 11.1 | — |
| 2022 | 56,661 | 61,231 | −4,570 | 7.0 | — |
| 2023 | 43,916 | 61,599 | −17,683 | 3.5 | — |
In its most recent public year (2023), this organization spent $17,683 more than it brought in. Its reserves stood at about 3.5 months of spending, up from 2.4 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 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 Connections'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