Newport News Baptist Retirement Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,175,408 | 21,328,619 | −153,211 | -30.0 | 30% |
| 2012 | 19,294,840 | 21,250,273 | −1,955,433 | -31.2 | 30% |
| 2013 | 20,088,496 | 22,067,455 | −1,978,959 | -31.0 | 31% |
| 2014 | 21,289,355 | 23,000,666 | −1,711,311 | -30.7 | 31% |
| 2015 | 21,036,016 | 23,393,458 | −2,357,442 | -31.4 | 31% |
| 2016 | 21,112,457 | 23,591,470 | −2,479,013 | -32.9 | 32% |
| 2017 | 21,397,818 | 22,684,046 | −1,286,228 | -34.9 | 35% |
| 2018 | 22,817,025 | 23,602,115 | −785,090 | -34.1 | 34% |
| 2019 | 23,798,591 | 25,366,736 | −1,568,145 | -32.3 | 33% |
| 2020 | 24,515,869 | 25,363,972 | −848,103 | -32.7 | 34% |
| 2021 | 26,289,789 | 27,877,226 | −1,587,437 | -30.1 | 34% |
| 2022 | 25,952,204 | 27,909,804 | −1,957,600 | -31.2 | 39% |
| 2023 | 28,815,081 | 30,260,423 | −1,445,342 | -29.3 | 40% |
In its most recent public year (2023), this organization spent $1,445,342 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-29.3 months). Staff pay was 40% of spending. $713,807 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
Newport News Baptist Retirement Community 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