New Life Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 73,563 | 58,539 | 15,024 | 3.4 | — |
| 2013 | 129,639 | 105,078 | 24,561 | 4.8 | — |
| 2014 | 111,039 | 89,421 | 21,618 | 8.2 | — |
| 2015 | 88,053 | 96,452 | −8,399 | 5.4 | — |
| 2016 | 71,972 | 64,113 | 7,859 | 11.4 | — |
| 2017 | 70,574 | 93,583 | −23,009 | 4.9 | — |
| 2018 | 103,170 | 100,730 | 2,440 | 4.8 | — |
| 2019 | 101,404 | 99,899 | 1,505 | 5.0 | — |
| 2020 | 51,765 | 30,949 | 20,816 | 24.3 | — |
| 2021 | 33,965 | 24,387 | 9,578 | 35.5 | — |
| 2022 | 47,459 | 43,922 | 3,537 | 20.7 | — |
| 2023 | 113,927 | 135,356 | −21,429 | 4.8 | — |
In its most recent public year (2023), this organization spent $21,429 more than it brought in. Its reserves stood at about 4.8 months of spending, up from 3.4 in 2012.
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 Life Foundation'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