New Schools For Alabama
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 55,000 | 25,071 | 29,929 | 14.3 | — |
| 2014 | 161,955 | 150,905 | 11,050 | 3.3 | — |
| 2015 | 75,883 | 114,537 | −38,654 | 0.2 | — |
| 2016 | 3,500 | 1,577 | 1,923 | 32.3 | — |
| 2017 | 0 | 1,204 | −1,204 | 30.3 | — |
| 2018 | 201,500 | 55,881 | 145,619 | 31.9 | 81% |
| 2019 | 276,600 | 321,533 | −44,933 | 3.9 | 31% |
| 2020 | 2,021,184 | 2,019,713 | 1,471 | 0.6 | 9% |
| 2021 | 4,974,961 | 4,793,668 | 181,293 | 0.7 | 5% |
| 2022 | 9,659,694 | 5,826,722 | 3,832,972 | 8.5 | 9% |
| 2023 | 8,181,256 | 8,466,716 | −285,460 | 5.4 | 13% |
In its most recent public year (2023), this organization spent $285,460 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 14.3 in 2013. Staff pay was 13% of spending. $249,963 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
New Schools For Alabama'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