New Beginnings Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 990,206 | 682,715 | 307,491 | 35.6 | 22% |
| 2011 | 835,054 | 749,092 | 85,962 | 33.8 | 48% |
| 2012 | 770,863 | 680,594 | 90,269 | 38.8 | 46% |
| 2013 | 662,895 | 576,497 | 86,398 | 49.1 | 47% |
| 2014 | 663,072 | 680,105 | −17,033 | 42.9 | 53% |
| 2015 | 905,696 | 778,732 | 126,964 | 39.1 | 51% |
| 2016 | 768,411 | 784,424 | −16,013 | 38.6 | 53% |
| 2017 | 1,240,312 | 820,674 | 419,638 | 43.0 | 54% |
| 2018 | 1,191,845 | 1,141,180 | 50,665 | 31.5 | 44% |
| 2019 | 1,763,967 | 1,342,564 | 421,403 | 30.5 | 50% |
| 2020 | 2,122,588 | 1,552,096 | 570,492 | 30.8 | 49% |
| 2021 | 1,937,363 | 1,843,863 | 93,500 | 26.5 | 46% |
| 2022 | 2,196,409 | 2,027,090 | 169,319 | 25.1 | 42% |
| 2023 | 2,121,725 | 2,529,575 | −407,850 | 18.2 | 37% |
In its most recent public year (2023), this organization spent $407,850 more than it brought in. Its reserves stood at about 18.2 months of spending, down from 35.6 in 2010. Staff pay was 37% of spending. $72,373 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
New Beginnings Inc'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