Center For New Beginnings
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 287,614 | 338,071 | −50,457 | 10.6 | 70% |
| 2012 | 334,495 | 322,293 | 12,202 | 11.6 | 72% |
| 2013 | 358,385 | 359,827 | −1,442 | 10.3 | 74% |
| 2014 | 415,190 | 374,140 | 41,050 | 11.2 | 76% |
| 2015 | 378,840 | 368,331 | 10,509 | 11.7 | 78% |
| 2016 | 393,615 | 397,836 | −4,221 | 10.8 | 81% |
| 2017 | 381,784 | 394,344 | −12,560 | 10.5 | 78% |
| 2018 | 380,516 | 400,137 | −19,621 | 9.7 | 77% |
| 2019 | 399,825 | 419,097 | −19,272 | 8.7 | 78% |
| 2020 | 423,989 | 404,062 | 19,927 | 9.6 | 75% |
| 2021 | 466,512 | 399,100 | 67,412 | 11.8 | 76% |
| 2022 | 440,694 | 428,228 | 12,466 | 11.3 | 78% |
| 2023 | 344,914 | 386,040 | −41,126 | 11.3 | 75% |
| 2024 | 319,599 | 343,403 | −23,804 | 11.9 | 73% |
In its most recent public year (2024), this organization spent $23,804 more than it brought in. Its reserves stood at about 11.9 months of spending, up from 10.6 in 2011. Staff pay was 73% of spending. $34,795 of its net assets are donor-restricted.
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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