New Foster Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,317,462 | 107,815 | 1,209,647 | 134.6 | 56% |
| 2018 | 1,225,431 | 476,883 | 748,548 | 49.3 | 62% |
| 2019 | 1,468,899 | 683,617 | 785,282 | 48.2 | 59% |
| 2020 | 1,616,088 | 647,568 | 968,520 | 68.8 | 74% |
| 2021 | 299,494 | 686,119 | −386,625 | 56.9 | 63% |
| 2022 | 3,057,622 | 1,001,772 | 2,055,850 | 61.4 | 74% |
| 2023 | 4,683,374 | 3,088,662 | 1,594,712 | 26.0 | 40% |
In its most recent public year (2023), this organization brought in $1,594,712 more than it spent. Its reserves stood at about 26 months of spending, down from 134.6 in 2017. Staff pay was 40% of spending. $1,000 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
New Foster Care Inc's IRS filings as a feed — one entry per filing year, through 2023. 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