New Property Owners Association Of Newport Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,878,805 | 1,691,958 | 186,847 | 8.1 | 11% |
| 2012 | 2,068,421 | 1,860,559 | 207,862 | 8.7 | 10% |
| 2013 | 1,953,888 | 1,950,144 | 3,744 | 8.3 | 11% |
| 2014 | 2,021,795 | 1,962,193 | 59,602 | 8.7 | 15% |
| 2015 | 2,058,134 | 1,773,142 | 284,992 | 11.5 | 19% |
| 2016 | 2,510,382 | 2,844,952 | −334,570 | 5.8 | 28% |
| 2017 | 3,440,625 | 2,889,427 | 551,198 | 8.0 | 30% |
| 2018 | 3,215,859 | 3,473,581 | −257,722 | 5.7 | 35% |
| 2019 | 2,983,535 | 3,116,285 | −132,750 | 5.9 | 28% |
| 2020 | 3,184,271 | 2,532,637 | 651,634 | 10.3 | 17% |
| 2021 | 4,531,996 | 4,004,484 | 527,512 | 8.0 | 11% |
| 2022 | 4,610,466 | 4,471,344 | 139,122 | 7.6 | 12% |
| 2023 | 4,877,150 | 4,932,781 | −55,631 | 6.7 | 11% |
In its most recent public year (2023), this organization spent $55,631 more than it brought in. Its reserves stood at about 6.7 months of spending, down from 8.1 in 2011. Staff pay was 11% 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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