New Africa Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,009,820 | 1,343 | 1,008,477 | 9011.0 | 0% |
| 2022 | 14,407 | 300,821 | −286,414 | 38.4 | 2% |
| 2023 | 653,690 | 556,978 | 96,712 | 24.9 | 0% |
In its most recent public year (2023), this organization brought in $96,712 more than it spent. Its reserves stood at about 24.9 months of spending, down from 9011 in 2021. 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
New Africa Fund Inc'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