New Life Apostolic Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 44,924 | 13,297 | 31,627 | 28.5 | — |
| 2019 | 80,859 | 57,480 | 23,379 | 11.5 | — |
| 2020 | 85,848 | 65,010 | 20,838 | 14.0 | — |
| 2021 | 137,162 | 125,282 | 11,880 | 8.4 | — |
| 2022 | 152,894 | 124,074 | 28,820 | 11.3 | 13% |
| 2023 | 180,620 | 150,985 | 29,635 | 11.6 | 0% |
In its most recent public year (2023), this organization brought in $29,635 more than it spent. Its reserves stood at about 11.6 months of spending, down from 28.5 in 2018. Staff pay was 0% 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
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