New Beginnings In Christ Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 19,158 | 3,197 | 15,961 | 59.9 | — |
| 2022 | 30,951 | 22,015 | 8,936 | 4.9 | — |
| 2023 | 52,324 | 33,149 | 19,175 | 10.2 | — |
In its most recent public year (2023), this organization brought in $19,175 more than it spent. Its reserves stood at about 10.2 months of spending, down from 59.9 in 2021.
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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