New Communities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 18,799,985 | 8,603,716 | 10,196,269 | 14.2 | 55% |
| 2018 | 19,967,297 | 18,430,283 | 1,537,014 | 7.6 | 56% |
| 2019 | 20,850,418 | 19,457,015 | 1,393,403 | 8.1 | 62% |
| 2020 | 21,194,578 | 20,993,089 | 201,489 | 7.6 | 63% |
| 2021 | 23,774,102 | 20,758,526 | 3,015,576 | 9.4 | 63% |
| 2022 | 23,060,684 | 22,725,802 | 334,882 | 8.9 | 63% |
| 2023 | 22,498,700 | 22,176,645 | 322,055 | 9.7 | 60% |
In its most recent public year (2023), this organization brought in $322,055 more than it spent. Its reserves stood at about 9.7 months of spending, down from 14.2 in 2017. Staff pay was 60% 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
New Communities 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