New Ventures Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,261,282 | 2,616,923 | −355,641 | 7.5 | 67% |
| 2013 | 2,291,194 | 2,518,343 | −227,149 | 6.8 | 64% |
| 2014 | 2,357,700 | 2,439,382 | −81,682 | 6.6 | 66% |
| 2015 | 2,702,204 | 2,747,665 | −45,461 | 5.7 | 58% |
| 2016 | 2,459,750 | 2,811,318 | −351,568 | 4.1 | 57% |
| 2017 | 3,214,636 | 3,109,788 | 104,848 | 4.1 | 62% |
| 2018 | 2,810,419 | 3,225,457 | −415,038 | 2.4 | 58% |
| 2019 | 3,312,875 | 3,266,749 | 46,126 | 2.5 | 56% |
| 2020 | 5,651,373 | 4,150,113 | 1,501,260 | 6.3 | 48% |
| 2021 | 4,677,179 | 4,198,788 | 478,391 | 7.7 | 52% |
| 2022 | 4,611,445 | 3,732,272 | 879,173 | 11.5 | 47% |
| 2023 | 5,119,119 | 3,975,105 | 1,144,014 | 14.2 | 42% |
| 2024 | 3,380,639 | 3,851,691 | −471,052 | 13.2 | 45% |
In its most recent public year (2024), this organization spent $471,052 more than it brought in. Its reserves stood at about 13.2 months of spending, up from 7.5 in 2012. Staff pay was 45% of spending. $1,615 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
New Ventures 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