New North Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 747,749 | 703,225 | 44,524 | 5.0 | 31% |
| 2012 | 734,451 | 621,531 | 112,920 | 7.8 | 45% |
| 2013 | 740,821 | 700,101 | 40,720 | 7.7 | 42% |
| 2014 | 745,881 | 629,467 | 116,414 | 10.7 | 42% |
| 2015 | 832,754 | 803,368 | 29,386 | 8.9 | 44% |
| 2016 | 769,571 | 840,449 | −70,878 | 7.5 | 52% |
| 2017 | 1,024,993 | 905,206 | 119,787 | 8.5 | 56% |
| 2018 | 1,067,481 | 1,040,016 | 27,465 | 7.7 | 53% |
| 2019 | 1,164,246 | 1,053,892 | 110,354 | 8.9 | 33% |
| 2020 | 1,073,736 | 1,229,923 | −156,187 | 6.1 | 50% |
| 2021 | 1,655,480 | 1,307,503 | 347,977 | 8.9 | 44% |
| 2022 | 2,770,327 | 2,678,513 | 91,814 | 4.8 | 25% |
| 2023 | 1,851,408 | 1,678,433 | 172,975 | 8.5 | 43% |
In its most recent public year (2023), this organization brought in $172,975 more than it spent. Its reserves stood at about 8.5 months of spending, up from 5 in 2011. Staff pay was 43% of spending. $108,137 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 North 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