New Heights Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 30,196 | 2,169 | 28,027 | 2814.7 | — |
| 2011 | 12,064 | 5,369 | 6,695 | 1061.7 | — |
| 2012 | −65,785 | 0 | −65,785 | — | — |
| 2013 | −44,298 | 0 | −44,298 | — | — |
| 2014 | −43,451 | 0 | −43,451 | — | — |
| 2015 | −37,241 | 0 | −37,241 | — | — |
| 2016 | −1,958 | 0 | −1,958 | — | — |
| 2017 | −15,610 | 0 | −15,610 | — | — |
| 2018 | −16,914 | 0 | −16,914 | — | — |
| 2019 | −63,123 | 0 | −63,123 | — | — |
| 2020 | −27,987 | 0 | −27,987 | — | — |
| 2021 | −96,192 | 0 | −96,192 | — | — |
| 2022 | −62,120 | 0 | −62,120 | — | — |
| 2023 | −89,544 | 0 | −89,544 | — | — |
In its most recent public year (2023), this organization spent $89,544 more than it brought in. $74,804 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
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