New Utility Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 76,161 | 65,357 | 10,804 | 2.0 | — |
| 2019 | 83,155 | 94,793 | −11,638 | -0.1 | — |
| 2020 | 121,983 | 50,953 | 71,030 | 16.5 | — |
| 2021 | 78,338 | 58,650 | 19,688 | 18.4 | — |
| 2022 | 124,801 | 177,461 | −52,660 | 2.5 | — |
| 2023 | 43,734 | 54,809 | −11,075 | 5.7 | — |
In its most recent public year (2023), this organization spent $11,075 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 2 in 2018.
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 Utility 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