New Ventures Enterprises Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 345,077 | 338,572 | 6,505 | -5.9 | 49% |
| 2016 | 543,735 | 572,299 | −28,564 | -4.1 | 41% |
| 2017 | 982,049 | 798,608 | 183,441 | -0.2 | 26% |
| 2018 | 681,497 | 658,229 | 23,268 | -0.2 | 36% |
| 2019 | 463,179 | 520,111 | −56,932 | -1.6 | 44% |
| 2020 | 947,720 | 719,762 | 227,958 | 2.6 | 40% |
| 2021 | 1,650,557 | 826,035 | 824,522 | 14.3 | 40% |
| 2022 | 1,797,806 | 1,475,549 | 322,257 | 10.6 | 23% |
| 2023 | 1,327,168 | 980,110 | 347,058 | 20.2 | 56% |
| 2024 | 727,486 | 920,069 | −192,583 | 19.0 | 46% |
In its most recent public year (2024), this organization spent $192,583 more than it brought in. Its reserves stood at about 19 months of spending, up from -5.9 in 2015. Staff pay was 46% of spending. $102,543 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 2024. 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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