New Life Charter Academies
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 564,308 | 581,425 | −17,117 | -0.4 | 31% |
| 2016 | 976,110 | 909,677 | 66,433 | 0.8 | 32% |
| 2017 | 891,224 | 844,289 | 46,935 | 2.1 | 40% |
| 2018 | 1,177,499 | 1,169,300 | 8,199 | 1.7 | 29% |
| 2019 | 1,423,158 | 1,431,661 | −8,503 | 1.3 | 36% |
| 2020 | 1,475,818 | 1,408,501 | 67,317 | 2.0 | 38% |
| 2021 | 1,456,100 | 1,468,781 | −12,681 | 1.8 | 41% |
| 2022 | 1,362,801 | 1,469,922 | −107,121 | 0.6 | 36% |
| 2023 | 1,335,895 | 1,428,579 | −92,684 | 0.0 | 40% |
In its most recent public year (2023), this organization spent $92,684 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 40% of spending. $5,100 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works