New Creation Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 86,769 | 101,230 | −14,461 | 2.1 | — |
| 2013 | 123,513 | 88,239 | 35,274 | 7.2 | — |
| 2014 | 121,207 | 117,132 | 4,075 | 5.9 | — |
| 2015 | 78,367 | 119,689 | −41,322 | 1.6 | — |
| 2016 | 100,177 | 106,470 | −6,293 | 1.1 | — |
| 2017 | 163,698 | 138,893 | 24,805 | 3.0 | — |
| 2018 | 101,022 | 116,537 | −15,515 | 2.0 | — |
| 2019 | 120,448 | 134,436 | −13,988 | 0.4 | — |
| 2020 | 137,205 | 121,284 | 15,921 | 2.1 | — |
| 2021 | 97,343 | 96,945 | 398 | 2.6 | — |
| 2022 | 87,250 | 95,447 | −8,197 | 1.6 | — |
| 2023 | 98,120 | 106,632 | −8,512 | 0.5 | — |
| 2024 | 230,355 | 108,426 | 121,929 | 14.0 | 42% |
In its most recent public year (2024), this organization brought in $121,929 more than it spent. Its reserves stood at about 14 months of spending, up from 2.1 in 2012. Staff pay was 42% 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
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