New Faith Outreach Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 101,302 | 108,767 | −7,465 | 0.0 | — |
| 2012 | 99,896 | 99,896 | 0 | 0.0 | — |
| 2013 | 112,465 | 102,568 | 9,897 | 3.3 | — |
| 2014 | 105,917 | 109,946 | −4,029 | 2.6 | — |
| 2015 | 107,814 | 108,388 | −574 | 2.6 | — |
| 2016 | 120,078 | 100,995 | 19,083 | 5.0 | — |
| 2017 | 115,361 | 103,655 | 11,706 | 6.3 | — |
| 2018 | 131,172 | 106,252 | 24,920 | 8.9 | — |
| 2019 | 104,871 | 109,711 | −4,840 | 8.1 | — |
| 2020 | 147,242 | 117,277 | 29,965 | 10.6 | — |
| 2021 | 122,682 | 103,701 | 18,981 | 14.2 | — |
| 2022 | 122,842 | 112,334 | 10,508 | 12.8 | — |
| 2023 | 108,720 | 108,749 | −29 | 13.2 | — |
In its most recent public year (2023), this organization spent $29 more than it brought in. Its reserves stood at about 13.2 months of spending, up from 0 in 2011.
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 Faith Outreach Economic Development 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