New Life Mission - Haiti Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 265,612 | 232,579 | 33,033 | 7.6 | 0% |
| 2022 | 232,929 | 263,192 | −30,263 | 5.3 | 0% |
| 2023 | 155,645 | 168,010 | −12,365 | 7.5 | 15% |
| 2024 | 147,799 | 160,688 | −12,889 | 6.9 | 25% |
In its most recent public year (2024), this organization spent $12,889 more than it brought in. Its reserves stood at about 6.9 months of spending. Staff pay was 25% of spending. $713 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 2024. 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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