New Life For A New Generation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 5,490 | 5,000 | 490 | 1.2 | — |
| 2017 | 86,400 | 86,600 | −200 | 0.6 | 0% |
| 2018 | 141,035 | 130,744 | 10,291 | 0.5 | 52% |
| 2019 | 568,608 | 555,304 | 13,304 | -0.3 | 50% |
| 2020 | 727,421 | 562,974 | 164,447 | 3.2 | 48% |
| 2022 | 343,119 | 456,527 | −113,408 | -0.4 | 34% |
In its most recent public year (2022), this organization spent $113,408 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months), down from 1.2 in 2016. Staff pay was 34% 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 2022. 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 For A New Generation's IRS filings as a feed — one entry per filing year, through 2022. 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