New Chance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,435,891 | 1,496,111 | −60,220 | 14.1 | 56% |
| 2013 | 1,347,159 | 1,538,265 | −191,106 | 12.0 | 58% |
| 2014 | 1,507,586 | 1,517,830 | −10,244 | 12.3 | 60% |
| 2015 | 1,536,551 | 1,568,135 | −31,584 | 11.1 | 60% |
| 2016 | 1,292,536 | 1,542,973 | −250,437 | 9.5 | 63% |
| 2017 | 1,453,216 | 1,497,084 | −43,868 | 9.4 | 61% |
| 2018 | 1,522,282 | 1,538,235 | −15,953 | 9.1 | 62% |
| 2019 | 1,341,864 | 1,513,614 | −171,750 | 8.3 | 61% |
| 2020 | 1,208,503 | 1,551,459 | −342,956 | 5.4 | 60% |
| 2021 | 2,210,585 | 1,643,567 | 567,018 | 9.4 | 60% |
| 2022 | 1,953,019 | 1,604,144 | 348,875 | 12.0 | 61% |
| 2023 | 1,756,867 | 1,702,696 | 54,171 | 12.0 | 58% |
In its most recent public year (2023), this organization brought in $54,171 more than it spent. Its reserves stood at about 12 months of spending, down from 14.1 in 2012. Staff pay was 58% of spending. $2,950 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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