Anew Place Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 404,796 | 530,020 | −125,224 | 1.0 | 69% |
| 2020 | 4,311,751 | 1,103,812 | 3,207,939 | 35.4 | 66% |
| 2021 | 1,569,368 | 1,538,695 | 30,673 | 25.0 | 57% |
| 2022 | 1,438,988 | 1,570,910 | −131,922 | 23.6 | 58% |
In its most recent public year (2022), this organization spent $131,922 more than it brought in. Its reserves stood at about 23.6 months of spending, up from 1 in 2019. Staff pay was 58% of spending. $260,848 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 2022. 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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