New Beginnings Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,376,357 | 1,352,048 | 24,309 | 1.9 | 68% |
| 2016 | 1,759,384 | 2,030,353 | −270,969 | -0.3 | 61% |
| 2017 | 1,930,720 | 2,093,077 | −162,357 | -1.2 | 54% |
| 2018 | 2,217,718 | 1,969,136 | 248,582 | 0.2 | 54% |
| 2019 | 2,574,187 | 2,370,103 | 204,084 | 3.2 | 57% |
| 2020 | 3,756,212 | 3,321,407 | 434,805 | 4.6 | 51% |
| 2021 | 5,324,418 | 3,206,778 | 2,117,640 | 10.3 | 47% |
| 2022 | 5,173,025 | 4,062,628 | 1,110,397 | 11.6 | 47% |
| 2023 | 8,565,635 | 5,794,893 | 2,770,742 | 8.8 | 36% |
| 2024 | 10,331,950 | 8,416,736 | 1,915,214 | 11.0 | 49% |
In its most recent public year (2024), this organization brought in $1,915,214 more than it spent. Its reserves stood at about 11 months of spending, up from 1.9 in 2015. Staff pay was 49% 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 2024. 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 2024. 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