Forjando Un Nuevo Comienzo Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,304,815 | 1,500,576 | −195,761 | 2.4 | 78% |
| 2017 | 1,327,186 | 1,455,107 | −127,921 | 1.5 | 76% |
| 2018 | 1,345,221 | 1,335,478 | 9,743 | 1.7 | 81% |
| 2019 | 1,196,523 | 986,196 | 210,327 | 4.8 | 70% |
| 2020 | 453,626 | 687,112 | −233,486 | -0.9 | 64% |
| 2021 | 794,851 | 705,272 | 89,579 | 2.3 | 60% |
| 2022 | 947,186 | 865,025 | 82,161 | 3.1 | 65% |
| 2023 | 1,251,448 | 936,640 | 314,808 | 6.9 | 64% |
In its most recent public year (2023), this organization brought in $314,808 more than it spent. Its reserves stood at about 6.9 months of spending, up from 2.4 in 2016. Staff pay was 64% 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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