New Life Community Developement Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 266,098 | 120,731 | 145,367 | 14.5 | 22% |
| 2012 | 289,479 | 149,654 | 139,825 | 22.9 | 36% |
| 2013 | 278,846 | 109,472 | 169,374 | 49.9 | 64% |
| 2014 | 218,148 | 103,270 | 114,878 | 181.7 | 33% |
| 2015 | 629,776 | 125,545 | 504,231 | 197.7 | 17% |
| 2016 | 510,416 | 122,237 | 388,179 | 241.1 | 35% |
| 2017 | 510,416 | 122,237 | 388,179 | 279.2 | 35% |
| 2018 | 930,569 | 274,506 | 656,063 | 252.3 | 19% |
| 2019 | 322,194 | 383,933 | −61,739 | 177.9 | 2% |
| 2020 | 751,899 | 386,609 | 365,290 | 187.6 | 0% |
| 2021 | 434,675 | 650,025 | −215,350 | 108.9 | 15% |
| 2022 | 485,865 | 591,104 | −105,239 | 117.6 | 10% |
| 2023 | 711,694 | 844,230 | −132,536 | 80.4 | 21% |
In its most recent public year (2023), this organization spent $132,536 more than it brought in. Its reserves stood at about 80.4 months of spending, up from 14.5 in 2011. 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
New Life Community Developement Center'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