New Opportunities Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 7,474,197 | 6,352,597 | 1,121,600 | 11.4 | 74% |
| 2018 | 7,956,573 | 7,290,136 | 666,437 | 12.5 | 79% |
| 2019 | 9,112,561 | 8,505,047 | 607,514 | 11.3 | 75% |
| 2020 | 10,280,708 | 9,869,456 | 411,252 | 10.2 | 57% |
| 2021 | 11,019,909 | 6,626,572 | 4,393,337 | 23.2 | 50% |
| 2022 | 11,668,721 | 7,262,438 | 4,406,283 | 28.5 | 52% |
| 2023 | 9,169,638 | 8,663,281 | 506,357 | 24.6 | 50% |
In its most recent public year (2023), this organization brought in $506,357 more than it spent. Its reserves stood at about 24.6 months of spending, up from 11.4 in 2017. Staff pay was 50% 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
New Opportunities Organization's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works