Funding New Beginnings Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,359 | 31,444 | 8,915 | 263.2 | 0% |
| 2012 | 36,215 | 39,988 | −3,773 | 205.9 | 0% |
| 2013 | 812,629 | 71,086 | 741,543 | 241.0 | 0% |
| 2014 | 755,811 | 136,822 | 618,989 | 179.5 | 0% |
| 2015 | 319,763 | 106,691 | 213,072 | 254.1 | 0% |
| 2016 | 71,831 | 114,302 | −42,471 | 232.8 | 0% |
| 2017 | 858,844 | 94,095 | 764,749 | 406.4 | 0% |
| 2018 | 576,938 | 113,355 | 463,583 | 374.4 | 0% |
| 2019 | 321,177 | 141,600 | 179,577 | 345.6 | 0% |
| 2020 | 230,987 | 145,222 | 85,765 | 364.4 | 0% |
| 2022 | 146,760 | 666,425 | −519,665 | 73.8 | 0% |
| 2023 | 217,103 | −262,715 | 479,818 | -209.0 | 0% |
In its most recent public year (2023), this organization brought in $479,818 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-209 months), down from 263.2 in 2011. Staff pay was 0% 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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