Newfound
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,947 | 5,078 | 1,869 | 9.4 | — |
| 2021 | 6,426 | 6,405 | 21 | 7.5 | — |
| 2022 | 8,614 | 9,428 | −814 | 4.1 | — |
| 2023 | 6,804 | 6,413 | 391 | 6.7 | — |
In its most recent public year (2023), this organization brought in $391 more than it spent. Its reserves stood at about 6.7 months of spending, down from 9.4 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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