New Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 526,495 | 450,106 | 76,389 | 73.8 | 25% |
| 2012 | 117,710 | 295,981 | −178,271 | 105.0 | 0% |
| 2013 | 387,486 | 718,541 | −331,055 | 37.7 | 12% |
| 2014 | 387,165 | 487,656 | −100,491 | 53.1 | 17% |
| 2015 | 313,349 | 490,243 | −176,894 | 48.5 | 0% |
| 2016 | 1,960,280 | 2,060,786 | −100,506 | 10.9 | 0% |
| 2017 | −4,579 | 370,629 | −375,208 | 54.1 | 0% |
| 2018 | 583,356 | 105,997 | 477,359 | 247.9 | 0% |
| 2019 | 1,176,366 | 93,598 | 1,082,768 | 434.1 | 0% |
| 2020 | 14,676 | 203,599 | −188,923 | 183.5 | 0% |
| 2021 | −18,788 | 203,485 | −222,273 | 165.4 | 0% |
| 2022 | −17,386 | 203,787 | −221,173 | 152.5 | 0% |
| 2023 | −11,632 | 160,182 | −171,814 | 240.2 | 0% |
In its most recent public year (2023), this organization spent $171,814 more than it brought in. Its reserves stood at about 240.2 months of spending, up from 73.8 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
New Center 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