New Beginnings Of Tampa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,186,764 | 1,084,439 | 102,325 | 2.6 | 4% |
| 2021 | 1,268,925 | 1,303,643 | −34,718 | 4.9 | 2% |
| 2022 | 1,600,221 | 1,647,715 | −47,494 | 10.7 | 3% |
| 2023 | 1,750,695 | 1,803,389 | −52,694 | 8.7 | 3% |
In its most recent public year (2023), this organization spent $52,694 more than it brought in. Its reserves stood at about 8.7 months of spending, up from 2.6 in 2020. Staff pay was 3% 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
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