New Foundations Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,169,794 | 2,207,329 | −37,535 | -1.1 | 62% |
| 2012 | 2,346,300 | 2,360,063 | −13,763 | -1.1 | 63% |
| 2013 | 2,156,664 | 2,172,656 | −15,992 | -1.3 | 59% |
| 2014 | 2,284,319 | 2,289,373 | −5,054 | -1.3 | 60% |
| 2015 | 2,283,964 | 2,322,196 | −38,232 | -1.4 | 60% |
| 2016 | 2,180,483 | 2,248,068 | −67,585 | -1.9 | 61% |
| 2017 | 2,290,377 | 2,299,677 | −9,300 | -1.9 | 62% |
| 2018 | 2,526,526 | 2,521,913 | 4,613 | -1.7 | 61% |
| 2019 | 2,608,513 | 2,609,341 | −828 | -1.6 | 62% |
| 2020 | 2,729,473 | 2,677,741 | 51,732 | -1.4 | 64% |
| 2021 | 3,167,032 | 2,821,078 | 345,954 | 0.2 | 68% |
| 2022 | 2,865,149 | 2,874,735 | −9,586 | 0.2 | 66% |
| 2023 | 2,982,965 | 3,031,517 | −48,552 | -0.1 | 67% |
In its most recent public year (2023), this organization spent $48,552 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months). Staff pay was 67% 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 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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