New Morning
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,675,653 | 2,668,734 | 6,919 | 16.4 | 19% |
| 2012 | 2,597,618 | 2,811,938 | −214,320 | 14.4 | 20% |
| 2013 | 2,458,924 | 3,554,907 | −1,095,983 | 8.5 | 18% |
| 2014 | 2,753,133 | 2,868,923 | −115,790 | 10.6 | 24% |
| 2015 | 2,649,915 | 2,569,267 | 80,648 | 11.7 | 23% |
| 2016 | 5,037,398 | 4,164,263 | 873,135 | 9.2 | 24% |
| 2017 | 16,501,454 | 9,597,391 | 6,904,063 | 12.7 | 8% |
| 2018 | 16,381,580 | 16,318,656 | 62,924 | 7.5 | 8% |
| 2019 | 16,356,876 | 16,173,875 | 183,001 | 7.7 | 9% |
| 2020 | 16,263,589 | 15,952,267 | 311,322 | 8.1 | 10% |
| 2021 | 10,587,010 | 12,786,377 | −2,199,367 | 8.3 | 12% |
| 2022 | 11,179,173 | 11,394,755 | −215,582 | 8.7 | 14% |
| 2023 | 7,218,557 | 10,805,170 | −3,586,613 | 5.3 | 18% |
In its most recent public year (2023), this organization spent $3,586,613 more than it brought in. Its reserves stood at about 5.3 months of spending, down from 16.4 in 2011. Staff pay was 18% of spending. $4,335,214 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
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