New Beginnings Educational Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 55,089 | 55,668 | −579 | 1.9 | — |
| 2017 | 54,209 | 55,940 | −1,731 | 0.5 | — |
| 2018 | 60,383 | 53,845 | 6,538 | 2.0 | — |
| 2019 | 65,013 | 61,513 | 3,500 | 2.4 | — |
| 2020 | 55,045 | 59,098 | −4,053 | 1.7 | — |
| 2021 | 104,491 | 69,053 | 35,438 | 7.9 | — |
| 2022 | 87,443 | 86,351 | 1,092 | 6.5 | — |
| 2023 | 42,665 | 73,681 | −31,016 | 2.6 | — |
In its most recent public year (2023), this organization spent $31,016 more than it brought in. Its reserves stood at about 2.6 months 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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