New Life Foundation Usa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 25,180 | 27,255 | −2,075 | 1.8 | — |
| 2020 | 1,746 | 1,636 | 110 | 30.2 | — |
| 2021 | 89,014 | 173 | 88,841 | 6447.8 | — |
| 2022 | 20,310 | 26,612 | −6,302 | 21.4 | — |
In its most recent public year (2022), this organization spent $6,302 more than it brought in. Its reserves stood at about 21.4 months of spending, up from 1.8 in 2019.
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 2022. 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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