Lifes New Beginnings
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,076,017 | 818,236 | 257,781 | 4.1 | 66% |
| 2017 | 1,959,590 | 1,702,280 | 257,310 | 3.8 | 74% |
| 2018 | 2,632,074 | 2,548,949 | 83,125 | 2.9 | 73% |
| 2019 | 3,373,821 | 3,055,101 | 318,720 | 3.7 | 73% |
| 2020 | 3,990,490 | 3,677,526 | 312,964 | 4.1 | 72% |
| 2021 | 4,851,237 | 3,834,773 | 1,016,464 | 7.1 | 75% |
| 2022 | 4,537,490 | 3,960,671 | 576,819 | 8.6 | 75% |
| 2023 | 4,803,128 | 4,361,687 | 441,441 | 9.0 | 75% |
In its most recent public year (2023), this organization brought in $441,441 more than it spent. Its reserves stood at about 9 months of spending, up from 4.1 in 2016. Staff pay was 75% 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
Lifes New Beginnings'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