New Beginnings
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,900,168 | 2,774,017 | 126,151 | 5.8 | 56% |
| 2012 | 3,001,250 | 2,593,678 | 407,572 | 8.2 | 55% |
| 2013 | 2,586,491 | 2,571,970 | 14,521 | 8.7 | 53% |
| 2014 | 2,374,436 | 2,612,161 | −237,725 | 7.5 | 55% |
| 2015 | 2,540,857 | 2,926,217 | −385,360 | 5.0 | 56% |
| 2016 | 2,819,696 | 2,874,515 | −54,819 | 5.0 | 57% |
| 2017 | 4,861,058 | 2,970,085 | 1,890,973 | 12.7 | 51% |
| 2018 | 3,906,445 | 3,503,585 | 402,860 | 11.6 | 49% |
| 2019 | 3,134,595 | 3,625,398 | −490,803 | 10.3 | 46% |
| 2020 | 4,062,735 | 3,998,370 | 64,365 | 10.3 | 44% |
| 2021 | 4,899,570 | 4,902,652 | −3,082 | 8.9 | 51% |
| 2022 | 5,132,697 | 5,833,639 | −700,942 | 5.4 | 54% |
| 2023 | 5,346,145 | 6,096,986 | −750,841 | 3.7 | 54% |
In its most recent public year (2023), this organization spent $750,841 more than it brought in. Its reserves stood at about 3.7 months of spending, down from 5.8 in 2011. Staff pay was 54% of spending. $34,753 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 Beginnings'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