A New Beginning Gods House Of Praise Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,203 | 16,512 | 11,691 | 0.9 | 0% |
| 2012 | 33,332 | 17,540 | 15,792 | 1.5 | 0% |
| 2013 | 27,638 | 18,433 | 9,205 | 0.8 | 0% |
| 2014 | 33,618 | 22,382 | 11,236 | 0.6 | 0% |
| 2015 | 40,252 | 24,668 | 15,584 | 0.6 | 0% |
| 2016 | 2,307 | 18,656 | −16,349 | 0.8 | 0% |
| 2017 | 62,977 | 26,338 | 36,639 | 0.5 | 0% |
| 2018 | 64,603 | 26,204 | 38,399 | 0.5 | 0% |
| 2019 | 57,194 | 27,423 | 29,771 | 0.5 | 0% |
| 2021 | 95,229 | 31,043 | 64,186 | 25.3 | 0% |
| 2023 | 63,150 | 14,497 | 48,653 | 126.8 | 0% |
In its most recent public year (2023), this organization brought in $48,653 more than it spent. Its reserves stood at about 126.8 months of spending, up from 0.9 in 2011. 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 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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