New Wave Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 242,315 | 270,530 | −28,215 | 4.0 | 41% |
| 2012 | 240,312 | 259,072 | −18,760 | 3.4 | 39% |
| 2013 | 248,625 | 247,770 | 855 | 3.6 | 39% |
| 2014 | 284,797 | 262,390 | 22,407 | 4.4 | 34% |
| 2015 | 221,635 | 250,254 | −28,619 | 3.2 | 35% |
| 2016 | 219,947 | 246,799 | −26,852 | 2.0 | 0% |
| 2017 | 232,288 | 206,942 | 25,346 | 3.8 | 39% |
| 2018 | 363,632 | 243,331 | 120,301 | 10.1 | 35% |
| 2019 | 255,253 | 348,038 | −92,785 | 4.4 | 37% |
| 2020 | 461,901 | 271,833 | 190,068 | 17.3 | 22% |
| 2021 | 238,793 | 335,238 | −96,445 | 16.5 | 28% |
| 2022 | 495,934 | 333,772 | 162,162 | 22.4 | 41% |
| 2023 | 553,872 | 461,184 | 92,688 | 18.6 | 35% |
In its most recent public year (2023), this organization brought in $92,688 more than it spent. Its reserves stood at about 18.6 months of spending, up from 4 in 2011. Staff pay was 35% 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 Wave Corporation'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