Newport Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 83,947 | 114,916 | −30,969 | -35.5 | 20% |
| 2012 | 87,637 | 119,063 | −31,426 | -37.4 | 22% |
| 2013 | 98,457 | 107,142 | −8,685 | -42.6 | 24% |
| 2014 | 99,090 | 123,378 | −24,288 | -39.3 | 12% |
| 2015 | 103,218 | 130,544 | −27,326 | -39.7 | 12% |
| 2016 | 103,846 | 120,698 | −16,852 | -44.6 | 11% |
| 2017 | 101,712 | 115,635 | −13,923 | -48.0 | 12% |
| 2018 | 100,554 | 105,681 | −5,127 | -53.1 | 11% |
| 2019 | 101,035 | 113,635 | −12,600 | -50.7 | 18% |
| 2020 | 106,518 | 127,969 | −21,451 | -47.0 | 20% |
| 2021 | 108,968 | 129,008 | −20,040 | -48.5 | 21% |
| 2022 | 114,246 | 134,780 | −20,534 | -48.3 | 19% |
| 2023 | 110,283 | 129,993 | −19,710 | -51.9 | 15% |
| 2024 | 107,858 | 142,816 | −34,958 | -50.2 | 15% |
In its most recent public year (2024), this organization spent $34,958 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-50.2 months), down from -35.5 in 2011. Staff pay was 15% 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 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
Newport Inc's IRS filings as a feed — one entry per filing year, through 2024. 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