New Life Directions Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 38,488 | 24,875 | 13,613 | 7.0 | 18% |
| 2017 | 93,465 | 88,281 | 5,184 | 2.7 | 31% |
| 2018 | 149,213 | 143,000 | 6,213 | 2.2 | 25% |
| 2019 | 182,947 | 161,543 | 21,404 | 3.5 | 0% |
| 2020 | 376,249 | 305,850 | 70,399 | 4.6 | 13% |
| 2021 | 605,932 | 313,797 | 292,135 | 15.7 | 23% |
| 2022 | 429,319 | 419,153 | 10,166 | 12.0 | 23% |
| 2023 | 1,112,124 | 438,799 | 673,325 | 27.9 | 23% |
In its most recent public year (2023), this organization brought in $673,325 more than it spent. Its reserves stood at about 27.9 months of spending, up from 7 in 2016. Staff pay was 23% 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
New Life Directions Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. 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