New Life Beginnings Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 477,450 | 346,980 | 130,470 | 16.5 | 42% |
| 2012 | 464,774 | 482,702 | −17,928 | 11.4 | 46% |
| 2013 | 694,901 | 546,980 | 147,921 | 13.3 | 43% |
| 2014 | 654,278 | 615,588 | 38,690 | 12.6 | 44% |
| 2015 | 685,873 | 662,354 | 23,519 | 12.1 | 48% |
| 2016 | 811,905 | 776,696 | 35,209 | 10.9 | 44% |
| 2017 | 594,069 | 746,722 | −152,653 | 8.9 | 45% |
| 2018 | 710,880 | 694,616 | 16,264 | 9.8 | 38% |
| 2019 | 545,874 | 580,760 | −34,886 | 10.9 | 47% |
| 2020 | 510,821 | 490,650 | 20,171 | 13.9 | 44% |
| 2021 | 510,170 | 589,326 | −79,156 | 10.0 | 37% |
| 2023 | 325,505 | 301,918 | 23,587 | 7.6 | 76% |
In its most recent public year (2023), this organization brought in $23,587 more than it spent. Its reserves stood at about 7.6 months of spending, down from 16.5 in 2011. Staff pay was 76% of spending. $87,161 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 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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