New Life Resources Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 403,499 | 243,572 | 159,927 | 12.8 | 24% |
| 2012 | 251,347 | 301,056 | −49,709 | 8.3 | 18% |
| 2013 | 247,950 | 328,606 | −80,656 | 4.7 | 17% |
| 2014 | 231,095 | 227,785 | 3,310 | 6.9 | 12% |
| 2015 | 168,495 | 158,504 | 9,991 | 10.5 | — |
| 2016 | 174,722 | 153,070 | 21,652 | 12.6 | — |
| 2017 | 167,030 | 166,008 | 1,022 | 11.7 | — |
| 2018 | 177,488 | 213,769 | −36,281 | 6.8 | — |
| 2019 | 185,917 | 181,455 | 4,462 | 8.3 | — |
| 2020 | 184,861 | 181,253 | 3,608 | 8.5 | — |
| 2021 | 193,431 | 158,866 | 34,565 | 12.3 | — |
| 2022 | 156,570 | 127,535 | 29,035 | 18.1 | — |
| 2023 | 61,260 | 162,890 | −101,630 | 6.7 | — |
In its most recent public year (2023), this organization spent $101,630 more than it brought in. Its reserves stood at about 6.7 months of spending, down from 12.8 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
New Life Resources Inc'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