New Beginnings Are Possible Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 352,760 | 350,843 | 1,917 | 4.2 | 60% |
| 2012 | 288,675 | 271,931 | 16,744 | 6.1 | 62% |
| 2013 | 212,618 | 218,484 | −5,866 | 7.3 | 67% |
| 2014 | 273,384 | 263,802 | 9,582 | 6.5 | 57% |
| 2015 | 265,510 | 239,953 | 25,557 | 8.4 | 59% |
| 2016 | 244,297 | 236,619 | 7,678 | 8.9 | 62% |
| 2017 | 199,621 | 252,248 | −52,627 | 5.9 | — |
| 2018 | 1,388,616 | 369,985 | 1,018,631 | 37.0 | 54% |
| 2019 | 433,078 | 511,106 | −78,028 | 25.0 | 38% |
| 2020 | 579,572 | 501,497 | 78,075 | 27.3 | 39% |
| 2021 | 456,658 | 438,866 | 17,792 | 31.7 | 29% |
| 2022 | 331,064 | 444,246 | −113,182 | 28.3 | 29% |
In its most recent public year (2022), this organization spent $113,182 more than it brought in. Its reserves stood at about 28.3 months of spending, up from 4.2 in 2011. Staff pay was 29% of spending. $38,318 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 2022. 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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