New Life Academy Of Excellence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,050,677 | 3,065,124 | −14,447 | 2.3 | 48% |
| 2012 | 3,334,377 | 3,363,665 | −29,288 | 2.0 | 50% |
| 2013 | 3,425,792 | 3,341,166 | 84,626 | 2.3 | 53% |
| 2014 | 3,458,719 | 3,455,452 | 3,267 | 2.2 | 50% |
| 2015 | 3,487,952 | 3,385,133 | 102,819 | 2.3 | 54% |
| 2016 | 3,803,555 | 3,656,223 | 147,332 | 2.6 | 55% |
| 2017 | 4,083,724 | 3,826,344 | 257,380 | 3.3 | 55% |
| 2018 | 4,056,080 | 3,899,239 | 156,841 | 3.7 | 55% |
| 2019 | 4,528,393 | 4,313,524 | 214,869 | 3.9 | 51% |
| 2020 | 4,623,905 | 4,387,284 | 236,621 | 4.5 | 53% |
| 2021 | 4,685,026 | 4,144,253 | 540,773 | 6.4 | 59% |
| 2022 | 5,315,571 | 4,871,310 | 444,261 | 6.5 | 53% |
| 2023 | 5,419,711 | 4,964,388 | 455,323 | 7.5 | 54% |
| 2024 | 5,834,475 | 6,081,478 | −247,003 | 5.6 | 48% |
In its most recent public year (2024), this organization spent $247,003 more than it brought in. Its reserves stood at about 5.6 months of spending, up from 2.3 in 2011. Staff pay was 48% 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 Life Academy Of Excellence 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