Welcome To A New Life
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 96,790 | 11,603 | 85,187 | 88.1 | — |
| 2020 | 78,054 | 54,807 | 23,247 | 23.7 | — |
| 2021 | 211,790 | 95,286 | 116,504 | 28.3 | 59% |
| 2022 | 260,657 | 151,015 | 109,642 | 26.6 | 46% |
| 2023 | 318,256 | 202,754 | 115,502 | 26.6 | 48% |
In its most recent public year (2023), this organization brought in $115,502 more than it spent. Its reserves stood at about 26.6 months of spending, down from 88.1 in 2019. Staff pay was 48% of spending. $154,951 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 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
Welcome To A New Life'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