New Reach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,110,375 | 4,323,356 | −212,981 | 15.1 | 43% |
| 2013 | 4,629,799 | 4,591,207 | 38,592 | 14.3 | 41% |
| 2014 | 4,541,309 | 4,509,893 | 31,416 | 14.7 | 46% |
| 2015 | 5,852,491 | 5,666,631 | 185,860 | 12.1 | 48% |
| 2016 | 6,336,165 | 6,419,201 | −83,036 | 10.6 | 49% |
| 2017 | 14,982,889 | 6,988,054 | 7,994,835 | 23.4 | 4% |
| 2018 | 6,160,199 | 5,921,336 | 238,863 | 28.1 | 47% |
| 2019 | 6,268,645 | 6,290,723 | −22,078 | 26.3 | 46% |
| 2020 | 7,718,696 | 6,637,069 | 1,081,627 | 26.9 | 47% |
| 2021 | 8,454,428 | 7,425,944 | 1,028,484 | 25.7 | 48% |
| 2022 | 7,538,038 | 8,223,825 | −685,787 | 22.0 | 49% |
| 2023 | 8,820,910 | 9,711,142 | −890,232 | 17.6 | 45% |
In its most recent public year (2023), this organization spent $890,232 more than it brought in. Its reserves stood at about 17.6 months of spending, up from 15.1 in 2012. Staff pay was 45% of spending. $10,285,828 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 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 Reach 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