New North Carolina Action First
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 240,766 | 116,970 | 123,796 | 12.7 | 123% |
| 2022 | 1,007,485 | 964,923 | 42,562 | 2.1 | 20% |
| 2023 | 46,364 | 121,927 | −75,563 | 10.3 | 157% |
In its most recent public year (2023), this organization spent $75,563 more than it brought in. Its reserves stood at about 10.3 months of spending, down from 12.7 in 2021. Staff pay was 157% 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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