New Generations Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 293,257 | 208,462 | 84,795 | 16.4 | 14% |
| 2012 | 253,357 | 183,987 | 69,370 | 23.1 | 14% |
| 2013 | 329,557 | 304,964 | 24,593 | 14.9 | 37% |
| 2014 | 280,370 | 290,719 | −10,349 | 15.2 | 52% |
| 2015 | 317,968 | 252,110 | 65,858 | 20.1 | 47% |
| 2016 | 296,433 | 290,025 | 6,408 | 17.8 | 40% |
| 2017 | 358,140 | 291,469 | 66,671 | 20.4 | 46% |
| 2018 | 316,663 | 324,024 | −7,361 | 18.1 | 48% |
| 2019 | 280,956 | 308,878 | −27,922 | 19.4 | 49% |
| 2020 | 567,663 | 319,859 | 247,804 | 10.1 | 0% |
| 2021 | 520,966 | 521,468 | −502 | 6.2 | 0% |
| 2022 | 466,347 | 442,915 | 23,432 | 7.9 | 18% |
| 2023 | 547,989 | 535,351 | 12,638 | 6.9 | 15% |
In its most recent public year (2023), this organization brought in $12,638 more than it spent. Its reserves stood at about 6.9 months of spending, down from 16.4 in 2011. Staff pay was 15% of spending. $21,711 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 Ministries'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