New Generations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 3,098,450 | 1,766,935 | 1,331,515 | 9.0 | 16% |
| 2019 | 6,111,806 | 4,267,769 | 1,844,037 | 8.9 | 13% |
| 2020 | 5,696,527 | 4,603,738 | 1,092,789 | 11.1 | 15% |
| 2021 | 6,966,320 | 5,912,647 | 1,053,673 | 10.9 | 11% |
| 2022 | 7,348,795 | 6,622,703 | 726,092 | 11.0 | 10% |
| 2023 | 6,948,536 | 7,646,639 | −698,103 | 8.4 | 13% |
In its most recent public year (2023), this organization spent $698,103 more than it brought in. Its reserves stood at about 8.4 months of spending. Staff pay was 13% of spending. $1,599,350 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
New Generations's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works