New Life Pet Adoption Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 120,498 | 86,519 | 33,979 | 41.0 | 18% |
| 2021 | 116,357 | 79,563 | 36,794 | 50.1 | 19% |
| 2022 | 258,583 | 93,753 | 164,830 | 63.6 | 25% |
| 2023 | 142,833 | 109,660 | 33,173 | 58.0 | 29% |
In its most recent public year (2023), this organization brought in $33,173 more than it spent. Its reserves stood at about 58 months of spending, up from 41 in 2020. Staff pay was 29% 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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