New Life Estates Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 104,571 | 144,047 | −39,476 | 108.5 | 0% |
| 2022 | 106,952 | 144,243 | −37,291 | 105.3 | 0% |
| 2023 | 108,129 | 151,598 | −43,469 | 96.7 | 0% |
| 2024 | 108,868 | 164,564 | −55,696 | 85.1 | 0% |
In its most recent public year (2024), this organization spent $55,696 more than it brought in. Its reserves stood at about 85.1 months of spending, down from 108.5 in 2021. Staff pay was 0% 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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