New Beginnings Enterprises
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,351,394 | 1,245,336 | 106,058 | 10.3 | 65% |
| 2012 | 1,361,506 | 1,358,148 | 3,358 | 9.5 | 65% |
| 2013 | 697,309 | 670,461 | 26,848 | 19.6 | 65% |
| 2014 | 1,475,279 | 1,427,399 | 47,880 | 9.7 | 65% |
| 2015 | 1,331,498 | 1,374,399 | −42,901 | 9.6 | 68% |
| 2016 | 1,457,446 | 1,439,256 | 18,190 | 9.0 | 69% |
| 2017 | 1,726,204 | 1,666,946 | 59,258 | 8.2 | 69% |
| 2018 | 1,736,868 | 1,653,952 | 82,916 | 8.9 | 70% |
| 2019 | 1,750,722 | 1,649,319 | 101,403 | 9.6 | 68% |
| 2020 | 99,388 | 1,342,715 | −1,243,327 | 0.7 | 33% |
| 2021 | 192,096 | 157,677 | 34,419 | 8.6 | 27% |
| 2022 | 176,942 | 176,869 | 73 | 7.7 | 29% |
| 2023 | 232,561 | 179,557 | 53,004 | 11.1 | 21% |
In its most recent public year (2023), this organization brought in $53,004 more than it spent. Its reserves stood at about 11.1 months of spending. Staff pay was 21% 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
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