New Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,027,069 | 2,285,540 | −258,471 | -1.4 | 34% |
| 2012 | 2,042,594 | 2,184,083 | −141,489 | -2.2 | 37% |
| 2013 | 2,764,260 | 2,607,434 | 156,826 | -1.2 | 32% |
| 2014 | 2,760,900 | 2,460,760 | 300,140 | 0.2 | 31% |
| 2015 | 3,298,859 | 3,167,241 | 131,618 | 0.7 | 29% |
| 2016 | 3,265,143 | 2,788,275 | 476,868 | 2.8 | 36% |
| 2017 | 5,226,927 | 4,961,308 | 265,619 | 2.2 | 34% |
| 2018 | 7,513,219 | 7,573,074 | −59,855 | 1.4 | 26% |
| 2019 | 7,918,840 | 7,941,537 | −22,697 | 1.3 | 30% |
| 2020 | 6,639,868 | 6,465,943 | 173,925 | 1.9 | 37% |
| 2021 | 2,360,908 | 1,591,573 | 769,335 | 13.5 | 52% |
| 2022 | 7,271,580 | 5,470,465 | 1,801,115 | 7.9 | 41% |
| 2023 | 3,922,738 | 5,027,145 | −1,104,407 | 5.9 | 42% |
In its most recent public year (2023), this organization spent $1,104,407 more than it brought in. Its reserves stood at about 5.9 months of spending, up from -1.4 in 2011. Staff pay was 42% of spending. $898,069 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 Group 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