New Life Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 64,721 | 54,587 | 10,134 | 17.7 | — |
| 2021 | 54,359 | 81,802 | −27,443 | 7.8 | — |
| 2022 | 95,617 | 87,909 | 7,708 | 8.3 | — |
| 2023 | 78,307 | 70,325 | 7,982 | 11.8 | — |
In its most recent public year (2023), this organization brought in $7,982 more than it spent. Its reserves stood at about 11.8 months of spending, down from 17.7 in 2020.
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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