New Creation Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 216,754 | 201,235 | 15,519 | -1.6 | 60% |
| 2012 | 260,068 | 253,748 | 6,320 | -1.2 | 50% |
| 2013 | 298,582 | 291,277 | 7,305 | -0.8 | 63% |
| 2014 | 393,566 | 328,529 | 65,037 | 1.1 | 77% |
| 2015 | 97,943 | 97,236 | 707 | 7.0 | 55% |
| 2016 | 427,974 | 382,561 | 45,413 | 18.9 | 53% |
| 2017 | 408,433 | 360,607 | 47,826 | 21.7 | 62% |
| 2018 | 424,528 | 389,938 | 34,590 | 23.0 | 58% |
| 2019 | 739,536 | 792,153 | −52,617 | 10.5 | 13% |
| 2020 | 991,078 | 868,009 | 123,069 | 11.1 | 57% |
| 2021 | 894,743 | 819,954 | 74,789 | 15.3 | 51% |
| 2022 | 1,006,757 | 865,240 | 141,517 | 14.8 | 54% |
| 2023 | 1,040,523 | 1,094,789 | −54,266 | 11.2 | 55% |
In its most recent public year (2023), this organization spent $54,266 more than it brought in. Its reserves stood at about 11.2 months of spending, up from -1.6 in 2011. Staff pay was 55% 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 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
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