New Beginnings Childrens Home At Canaan Land Ranch Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 350,489 | 354,357 | −3,868 | 1.2 | 78% |
| 2020 | 482,603 | 415,562 | 67,041 | 2.5 | 70% |
| 2021 | 421,426 | 471,288 | −49,862 | 1.0 | 65% |
| 2022 | 426,101 | 431,103 | −5,002 | 0.9 | 55% |
| 2023 | 296,220 | 314,519 | −18,299 | 0.9 | 72% |
In its most recent public year (2023), this organization spent $18,299 more than it brought in. Its reserves stood at about 0.9 months of spending. Staff pay was 72% 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
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