New Beginning Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 62,050 | 49,549 | 12,501 | 17.0 | — |
| 2019 | 60,185 | 46,669 | 13,516 | 21.5 | — |
| 2020 | 52,760 | 53,111 | −351 | 18.8 | — |
| 2021 | 79,289 | 72,432 | 6,857 | 14.7 | — |
| 2022 | 74,431 | 79,684 | −5,253 | 12.6 | — |
| 2023 | 69,109 | 67,492 | 1,617 | 15.1 | — |
In its most recent public year (2023), this organization brought in $1,617 more than it spent. Its reserves stood at about 15.1 months of spending, down from 17 in 2018.
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 Beginning Ministry'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