New Destiny Youth Facility Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 513,538 | 461,782 | 51,756 | 0.3 | 56% |
| 2019 | 479,491 | 496,078 | −16,587 | -0.3 | 58% |
| 2020 | 303,979 | 421,034 | −117,055 | -3.6 | 51% |
| 2021 | 772,045 | 507,821 | 264,224 | 5.3 | 50% |
| 2022 | 661,999 | 558,799 | 103,200 | 7.1 | 57% |
| 2023 | 354,285 | 453,378 | −99,093 | 4.6 | 53% |
In its most recent public year (2023), this organization spent $99,093 more than it brought in. Its reserves stood at about 4.6 months of spending, up from 0.3 in 2018. Staff pay was 53% 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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