New Generations Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 46,710 | 5,390 | 41,320 | 92.0 | 0% |
| 2020 | 497,945 | 336,509 | 161,436 | 7.2 | 0% |
| 2021 | 126,809 | 269,125 | −142,316 | 2.7 | 0% |
| 2022 | 276,734 | 319,194 | −42,460 | 0.7 | 0% |
| 2023 | 86,652 | 85,817 | 835 | 2.6 | 0% |
In its most recent public year (2023), this organization brought in $835 more than it spent. Its reserves stood at about 2.6 months of spending, down from 92 in 2019. Staff pay was 0% of spending. $5,000 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
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