New Beginnings For Gilmer County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 49,889 | 16,244 | 33,645 | 196.3 | — |
| 2021 | 79,991 | 42,007 | 37,984 | 86.7 | — |
| 2022 | 256,864 | 41,423 | 215,441 | 146.9 | 0% |
| 2023 | 241,378 | 77,706 | 163,672 | 103.6 | 0% |
In its most recent public year (2023), this organization brought in $163,672 more than it spent. Its reserves stood at about 103.6 months of spending, down from 196.3 in 2020. Staff pay was 0% of spending. $122,549 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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