New Life Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 107,174 | 0 | 107,174 | — | — |
| 2011 | 105,767 | 0 | 105,767 | — | — |
| 2012 | 99,934 | 0 | 99,934 | — | — |
| 2013 | 49,000 | 0 | 49,000 | — | — |
| 2014 | 195,240 | 101,348 | 93,892 | 379.6 | 0% |
| 2015 | 91,530 | 575,830 | −484,300 | 56.4 | 0% |
| 2016 | 157,257 | 117,569 | 39,688 | 280.2 | 0% |
| 2017 | 259,176 | 95,471 | 163,705 | 365.6 | 0% |
| 2018 | −9,928 | 469,989 | −479,917 | 62.0 | 0% |
| 2019 | 31,092 | 59,814 | −28,722 | 531.6 | 0% |
| 2020 | 97,497 | 125,885 | −28,388 | 258.1 | 0% |
| 2021 | 206,411 | 204,322 | 2,089 | 195.4 | 0% |
| 2022 | 174,730 | 147,218 | 27,512 | 230.7 | 0% |
| 2023 | 135,797 | 169,163 | −33,366 | 217.6 | 0% |
In its most recent public year (2023), this organization spent $33,366 more than it brought in. Its reserves stood at about 217.6 months of spending. Staff pay was 0% of spending. $435,582 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 Life Center Foundation'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