New Ways For Africa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 126,594 | 90,760 | 35,834 | 13.1 | — |
| 2020 | 112,720 | 181,929 | −69,209 | 2.0 | — |
| 2021 | 87,290 | 85,848 | 1,442 | 4.3 | — |
| 2022 | 79,962 | 44 | 79,918 | 30276.5 | — |
| 2023 | 198,990 | 142,681 | 56,309 | 14.1 | — |
In its most recent public year (2023), this organization brought in $56,309 more than it spent. Its reserves stood at about 14.1 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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