New Horizons Resources Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,159,114 | 21,116,155 | 42,959 | 6.9 | 56% |
| 2012 | 20,407,278 | 20,108,974 | 298,304 | 7.3 | 59% |
| 2013 | 21,569,628 | 21,620,054 | −50,426 | 6.8 | 58% |
| 2014 | 21,884,507 | 22,247,651 | −363,144 | 6.4 | 55% |
| 2015 | 22,761,636 | 22,720,453 | 41,183 | 6.3 | 58% |
| 2016 | 23,779,164 | 23,712,013 | 67,151 | 6.0 | 58% |
| 2017 | 23,883,935 | 24,669,186 | −785,251 | 5.2 | 58% |
| 2018 | 26,767,099 | 26,515,793 | 251,306 | 4.9 | 59% |
| 2019 | 29,092,400 | 28,070,882 | 1,021,518 | 4.9 | 60% |
| 2020 | 32,387,297 | 28,465,522 | 3,921,775 | 6.5 | 63% |
| 2021 | 30,534,005 | 28,976,074 | 1,557,931 | 7.0 | 62% |
| 2022 | 37,998,531 | 36,547,293 | 1,451,238 | 5.8 | 66% |
| 2023 | 34,418,032 | 33,348,924 | 1,069,108 | 6.8 | 63% |
In its most recent public year (2023), this organization brought in $1,069,108 more than it spent. Its reserves stood at about 6.8 months of spending. Staff pay was 63% of spending. $151,529 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
New Horizons Resources 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