New Schools Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,577,523 | 12,322,663 | −7,745,140 | 41.9 | 14% |
| 2012 | 24,880,490 | 28,669,787 | −3,789,297 | 16.4 | 14% |
| 2013 | 30,864,982 | 24,511,328 | 6,353,654 | 22.3 | 19% |
| 2014 | 23,611,374 | 31,685,370 | −8,073,996 | 14.2 | 17% |
| 2015 | 56,176,269 | 54,355,742 | 1,820,527 | 8.2 | 9% |
| 2016 | 94,927,374 | 91,535,318 | 3,392,056 | 4.9 | 5% |
| 2017 | 36,577,155 | 35,697,020 | 880,135 | 12.6 | 14% |
| 2018 | 39,455,453 | 35,278,239 | 4,177,214 | 14.6 | 15% |
| 2019 | 56,208,683 | 43,566,897 | 12,641,786 | 15.2 | 14% |
| 2020 | 65,331,687 | 42,336,876 | 22,994,811 | 22.1 | 16% |
| 2021 | 41,218,694 | 46,697,486 | −5,478,792 | 13.9 | 13% |
| 2022 | 74,508,851 | 59,432,356 | 15,076,495 | 13.8 | 14% |
| 2023 | 49,069,499 | 54,520,195 | −5,450,696 | 14.1 | 16% |
In its most recent public year (2023), this organization spent $5,450,696 more than it brought in. Its reserves stood at about 14.1 months of spending, down from 41.9 in 2011. Staff pay was 16% of spending. $20,928,509 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 Schools Fund'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