New Tech Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,028,191 | 13,415,378 | −1,387,187 | 3.0 | 49% |
| 2021 | 13,662,524 | 9,726,605 | 3,935,919 | 9.0 | 54% |
| 2022 | 15,002,345 | 12,002,115 | 3,000,230 | 10.5 | 56% |
| 2023 | 8,556,250 | 13,308,305 | −4,752,055 | 5.1 | 55% |
In its most recent public year (2023), this organization spent $4,752,055 more than it brought in. Its reserves stood at about 5.1 months of spending, up from 3 in 2020. Staff pay was 55% of spending. $793,000 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works