New Left Accelerator
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 926,047 | 459,795 | 466,252 | 18.1 | 39% |
| 2021 | 993,189 | 758,604 | 234,585 | 14.7 | 43% |
| 2022 | 2,591,223 | 1,569,458 | 1,021,765 | 14.9 | 38% |
In its most recent public year (2022), this organization brought in $1,021,765 more than it spent. Its reserves stood at about 14.9 months of spending, down from 18.1 in 2020. Staff pay was 38% of spending. $1,376,572 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 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
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