New American Community Lending Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 704,129 | 102,848 | 601,281 | 70.2 | 33% |
| 2023 | 89,017 | 395,763 | −306,746 | 8.9 | 45% |
In its most recent public year (2023), this organization spent $306,746 more than it brought in. Its reserves stood at about 8.9 months of spending, down from 70.2 in 2022. Staff pay was 45% of spending. $75,000 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
New American Community Lending Corporation'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