A New Start-Financial Social Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,432,475 | 1,278,520 | 153,955 | 9.9 | 40% |
| 2022 | 1,292,414 | 1,283,821 | 8,593 | 6.4 | 46% |
In its most recent public year (2022), this organization brought in $8,593 more than it spent. Its reserves stood at about 6.4 months of spending, down from 9.9 in 2020. Staff pay was 46% 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 2022. 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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