New Life Dream Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 115,414 | 99,612 | 15,802 | 1.9 | — |
| 2015 | 313,018 | 335,646 | −22,628 | -0.2 | 7% |
| 2016 | 576,212 | 523,860 | 52,352 | 2.0 | 6% |
| 2017 | 571,464 | 564,717 | 6,747 | 1.9 | 14% |
| 2019 | 524,137 | 496,263 | 27,874 | 2.0 | 19% |
| 2020 | 424,575 | 439,194 | −14,619 | 2.0 | 20% |
| 2021 | 409,520 | 396,696 | 12,824 | 2.6 | 23% |
| 2022 | 374,614 | 386,780 | −12,166 | 2.3 | 24% |
| 2023 | 357,271 | 335,090 | 22,181 | 3.5 | 27% |
In its most recent public year (2023), this organization brought in $22,181 more than it spent. Its reserves stood at about 3.5 months of spending, up from 1.9 in 2014. 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
New Life Dream Center'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