Newness Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 10,500 | 13,937 | −3,437 | 5.2 | 0% |
| 2013 | 5,000 | 7,559 | −2,559 | 5.6 | 0% |
| 2014 | 5,000 | 201 | 4,799 | 497.5 | 0% |
| 2015 | 0 | 286 | −286 | 337.6 | 35% |
| 2016 | 0 | 315 | −315 | 294.6 | 0% |
| 2017 | 500 | 500 | 0 | 185.6 | 0% |
| 2018 | 10,000 | 5,315 | 4,685 | 28.0 | 0% |
| 2019 | 0 | 2,661 | −2,661 | 44.0 | 0% |
| 2020 | 0 | 1,308 | −1,308 | 77.5 | 0% |
| 2021 | 611 | 611 | 0 | 165.9 | 0% |
In its most recent public year (2021), this organization brought in $0 more than it spent. Its reserves stood at about 165.9 months of spending, up from 5.2 in 2012. 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 2021. 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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