New Way Counseling Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 70,274 | 59,415 | 10,859 | 2.7 | — |
| 2021 | 134,901 | 137,041 | −2,140 | 1.1 | 87% |
| 2022 | 139,687 | 99,337 | 40,350 | -2.6 | — |
| 2023 | 134,018 | 163,439 | −29,421 | -2.0 | — |
In its most recent public year (2023), this organization spent $29,421 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2 months), down from 2.7 in 2020.
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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