New Foundations Home For Children Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,175,699 | 3,731,777 | −556,078 | 3.5 | 53% |
| 2012 | 3,631,471 | 3,678,895 | −47,424 | 3.4 | 64% |
| 2013 | 4,125,494 | 4,043,501 | 81,993 | 3.4 | 65% |
| 2014 | 4,287,615 | 4,084,770 | 202,845 | 4.0 | 65% |
| 2015 | 4,628,267 | 4,384,149 | 244,118 | 4.4 | 64% |
| 2016 | 5,008,439 | 4,355,649 | 652,790 | 6.2 | 64% |
| 2017 | 4,651,220 | 4,569,821 | 81,399 | 6.2 | 63% |
| 2018 | 4,617,826 | 4,623,719 | −5,893 | 6.1 | 64% |
| 2019 | 4,736,506 | 4,845,530 | −109,024 | 5.5 | 66% |
| 2020 | 5,395,379 | 5,163,594 | 231,785 | 5.7 | 64% |
| 2021 | 5,167,335 | 5,267,163 | −99,828 | 5.4 | 2% |
| 2022 | 5,446,936 | 5,087,474 | 359,462 | 6.4 | 75% |
| 2023 | 5,437,052 | 5,290,471 | 146,581 | 6.5 | 75% |
| 2024 | 5,717,318 | 5,720,055 | −2,737 | 6.0 | 73% |
In its most recent public year (2024), this organization spent $2,737 more than it brought in. Its reserves stood at about 6 months of spending, up from 3.5 in 2011. Staff pay was 73% of spending. $162,324 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 2024. 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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