Newport Revitalization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,646 | 6,560 | 86 | 77.1 | — |
| 2012 | 23,801 | 5,848 | 17,953 | 123.4 | — |
| 2013 | 16,384 | 38,914 | −22,530 | 11.6 | — |
| 2014 | 8,678 | 7,748 | 930 | 59.7 | — |
| 2015 | 82,887 | 73,511 | 9,376 | 7.8 | — |
| 2016 | 41,171 | 43,749 | −2,578 | 12.4 | — |
| 2017 | 50,063 | 8,670 | 41,393 | 120.0 | — |
| 2018 | 10,206 | 45,838 | −35,632 | 14.2 | — |
| 2019 | 10,698 | 10,009 | 689 | 67.9 | — |
| 2020 | 36,563 | 49,121 | −12,558 | 8.3 | — |
| 2021 | 22,827 | 20,372 | 2,455 | 32.4 | — |
| 2022 | 23,424 | 24,529 | −1,105 | 26.4 | — |
| 2023 | 32,864 | 25,489 | 7,375 | 28.9 | — |
In its most recent public year (2023), this organization brought in $7,375 more than it spent. Its reserves stood at about 28.9 months of spending, down from 77.1 in 2011.
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
Newport Revitalization 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