Newcreeations Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 7,770 | 7,431 | 339 | 0.7 | — |
| 2019 | 74,386 | 69,171 | 5,215 | 0.9 | — |
| 2020 | 67,877 | 61,500 | 6,377 | 2.3 | — |
| 2021 | 84,976 | 74,700 | 10,276 | 3.5 | — |
| 2022 | 99,124 | 108,158 | −9,034 | 1.4 | — |
| 2023 | 82,966 | 87,391 | −4,425 | 1.2 | — |
In its most recent public year (2023), this organization spent $4,425 more than it brought in. Its reserves stood at about 1.2 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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