New Life Team Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 61,580 | 64,754 | −3,174 | 0.8 | — |
| 2013 | 96,866 | 85,225 | 11,641 | 2.2 | — |
| 2014 | 72,669 | 80,356 | −7,687 | 1.2 | — |
| 2015 | 88,002 | 86,822 | 1,180 | 1.3 | — |
| 2016 | 74,739 | 79,312 | −4,573 | 0.7 | — |
| 2017 | 65,592 | 49,643 | 15,949 | 5.0 | — |
| 2018 | 55,634 | 51,868 | 3,766 | 5.6 | — |
| 2019 | 95,640 | 61,077 | 34,563 | 11.6 | — |
| 2020 | 116,870 | 81,434 | 35,436 | 13.9 | — |
| 2021 | 114,374 | 68,290 | 46,084 | 24.7 | — |
| 2022 | 93,438 | 82,183 | 11,255 | 22.2 | — |
| 2023 | 131,444 | 134,573 | −3,129 | 13.3 | — |
In its most recent public year (2023), this organization spent $3,129 more than it brought in. Its reserves stood at about 13.3 months of spending, up from 0.8 in 2012.
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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