New Beginnings Centers Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 104,406 | 31,666 | 72,740 | 24.7 | — |
| 2018 | 186,447 | 103,106 | 83,341 | 17.2 | — |
| 2019 | 232,842 | 312,251 | −79,409 | 2.6 | 45% |
| 2020 | 239,897 | 276,270 | −36,373 | 1.4 | 53% |
| 2021 | 321,156 | 279,149 | 42,007 | 3.2 | 42% |
| 2022 | 301,255 | 267,976 | 33,279 | 4.8 | 43% |
| 2023 | 191,119 | 259,909 | −68,790 | 1.8 | 41% |
In its most recent public year (2023), this organization spent $68,790 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 24.7 in 2016. Staff pay was 41% 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
New Beginnings Centers Of Hope 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