New Opportunities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 37,123,244 | 35,318,180 | 1,805,064 | -0.8 | 25% |
| 2021 | 43,801,521 | 41,747,027 | 2,054,494 | -0.1 | 21% |
| 2022 | 47,240,865 | 47,290,011 | −49,146 | -0.1 | 20% |
| 2023 | 45,934,854 | 45,779,180 | 155,674 | -0.0 | 24% |
In its most recent public year (2023), this organization brought in $155,674 more than it spent. Its reserves stood at about 0 months of spending. Staff pay was 24% of spending. $235,784 of its net assets are donor-restricted.
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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