New Life For Youth Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 940,951 | 901,563 | 39,388 | 18.1 | 21% |
| 2021 | 1,075,122 | 871,635 | 203,487 | 21.5 | 22% |
| 2022 | 912,106 | 921,868 | −9,762 | 20.2 | 26% |
| 2023 | 858,545 | 838,918 | 19,627 | 22.5 | 29% |
In its most recent public year (2023), this organization brought in $19,627 more than it spent. Its reserves stood at about 22.5 months of spending, up from 18.1 in 2020. Staff pay was 29% 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
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