New Life Tn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,031,095 | 1,803,547 | 227,548 | 24.0 | 60% |
| 2012 | 2,263,650 | 2,106,810 | 156,840 | 21.6 | 60% |
| 2013 | 2,490,205 | 2,372,487 | 117,718 | 19.6 | 59% |
| 2014 | 2,704,058 | 2,564,003 | 140,055 | 18.8 | 59% |
| 2015 | 2,738,409 | 2,714,871 | 23,538 | 17.9 | 60% |
| 2016 | 2,667,769 | 2,578,034 | 89,735 | 19.3 | 60% |
| 2017 | 2,836,111 | 2,581,362 | 254,749 | 20.4 | 61% |
| 2018 | 2,530,438 | 2,641,251 | −110,813 | 19.4 | 61% |
| 2019 | 2,922,851 | 2,526,153 | 396,698 | 22.2 | 60% |
| 2020 | 3,213,507 | 2,663,477 | 550,030 | 23.5 | 63% |
| 2021 | 3,273,560 | 3,013,848 | 259,712 | 21.8 | 64% |
| 2022 | 3,193,625 | 2,972,339 | 221,286 | 24.4 | 65% |
| 2023 | 3,737,745 | 3,444,842 | 292,903 | 22.1 | 66% |
In its most recent public year (2023), this organization brought in $292,903 more than it spent. Its reserves stood at about 22.1 months of spending, down from 24 in 2011. Staff pay was 66% 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
New Life Tn's IRS filings as a feed — one entry per filing year, through 2023. 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