Newman Ministries Inteernational Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 51,076 | 51,752 | −676 | 5.0 | — |
| 2021 | 69,952 | 78,088 | −8,136 | 2.1 | — |
| 2022 | 67,197 | 73,768 | −6,571 | 1.1 | — |
| 2023 | 64,745 | 65,809 | −1,064 | 1.1 | — |
In its most recent public year (2023), this organization spent $1,064 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 5 in 2020.
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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