Africa New Day Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 82,914 | 50,153 | 32,761 | 7.8 | — |
| 2013 | 232,402 | 153,876 | 78,526 | 8.7 | 0% |
| 2014 | 390,205 | 279,484 | 110,721 | 9.5 | 0% |
| 2015 | 388,161 | 473,176 | −85,015 | 3.5 | 0% |
| 2016 | 607,536 | 471,825 | 135,711 | 6.9 | 2% |
| 2017 | 802,069 | 708,150 | 93,919 | 6.2 | 9% |
| 2018 | 835,733 | 917,675 | −81,942 | 3.7 | 7% |
| 2019 | 903,485 | 812,127 | 91,358 | 5.6 | 9% |
| 2020 | 991,355 | 958,294 | 33,061 | 5.1 | 8% |
| 2021 | 876,553 | 947,992 | −71,439 | 4.3 | 8% |
| 2022 | 1,135,546 | 1,088,997 | 46,549 | 4.2 | 8% |
| 2023 | 868,028 | 1,041,672 | −173,644 | 2.4 | 12% |
In its most recent public year (2023), this organization spent $173,644 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 7.8 in 2012. Staff pay was 12% 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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