Center For New Beginnings Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,155 | 134,119 | −8,964 | 1.2 | — |
| 2012 | 132,517 | 132,272 | 245 | 1.2 | — |
| 2013 | 178,591 | 149,269 | 29,322 | 3.4 | 50% |
| 2014 | 206,874 | 196,250 | 10,624 | 3.3 | 68% |
| 2015 | 186,366 | 231,382 | −45,016 | 0.4 | 70% |
| 2016 | 266,371 | 265,640 | 731 | 0.4 | 74% |
| 2017 | 277,182 | 300,913 | −23,731 | -0.6 | 77% |
| 2018 | 439,148 | 443,716 | −4,568 | -0.5 | 72% |
| 2019 | 908,972 | 855,878 | 53,094 | 0.5 | 74% |
| 2020 | 1,228,309 | 1,260,188 | −31,879 | -0.0 | 73% |
| 2021 | 1,803,323 | 1,458,933 | 344,390 | 2.8 | 77% |
| 2022 | 1,588,086 | 1,642,428 | −54,342 | 1.9 | 77% |
| 2023 | 2,365,330 | 1,960,379 | 404,951 | 4.1 | 76% |
In its most recent public year (2023), this organization brought in $404,951 more than it spent. Its reserves stood at about 4.1 months of spending, up from 1.2 in 2011. Staff pay was 76% of spending. $450 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
Center For 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