New Horizons Properties Iii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 77,945 | 105,748 | −27,803 | -12.0 | 0% |
| 2012 | 80,691 | 104,312 | −23,621 | -14.8 | 0% |
| 2013 | 80,648 | 117,116 | −36,468 | -17.0 | 0% |
| 2015 | 98,349 | 106,843 | −8,494 | -21.9 | 0% |
| 2016 | 87,097 | 109,095 | −21,998 | -23.8 | 0% |
| 2017 | 92,811 | 104,080 | −11,269 | -26.3 | 0% |
| 2018 | 94,474 | 98,168 | −3,694 | -28.3 | 0% |
| 2019 | 91,979 | 100,004 | −8,025 | -28.8 | — |
| 2020 | 82,323 | 109,100 | −26,777 | -29.2 | — |
| 2021 | 100,831 | 93,514 | 7,317 | -33.1 | — |
| 2022 | 100,934 | 101,581 | −647 | -30.6 | — |
| 2023 | 99,475 | 114,029 | −14,554 | -28.8 | — |
In its most recent public year (2023), this organization spent $14,554 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-28.8 months), down from -12 in 2011.
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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