Youth For Tomorrow New Life Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 39,768,527 | 33,510,207 | 6,258,320 | 1.2 | 6% |
| 2021 | 34,568,493 | 32,796,058 | 1,772,435 | 1.9 | 65% |
| 2022 | 38,263,991 | 38,118,893 | 145,098 | 1.6 | 64% |
| 2023 | 45,387,388 | 44,441,039 | 946,349 | 1.6 | 61% |
In its most recent public year (2023), this organization brought in $946,349 more than it spent. Its reserves stood at about 1.6 months of spending. Staff pay was 61% of spending. $1,154,052 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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