New Light Assembly
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 76,739 | 38,367 | 38,372 | 12.0 | 47% |
| 2022 | 36,687 | 55,196 | −18,509 | 4.3 | 33% |
| 2023 | 96,756 | 68,699 | 28,057 | 8.4 | 27% |
In its most recent public year (2023), this organization brought in $28,057 more than it spent. Its reserves stood at about 8.4 months of spending, down from 12 in 2021. Staff pay was 27% 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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