990 Scout/ Newport INC/ Financials

Financial Information for Newport INC

Newport INC's annual revenue was $112K in tax year 2024, reported on their IRS Form 990. They spent $141K in total expenses. 84% went to programs and services.

Financial Breakdown

What is Newport INC's total annual expenses?

Newport INC spent $141K in tax year 2024, according to their IRS Form 990 filing.

How much of Newport INC's budget goes to programs?

Newport INC spent $119K (84% of expenses) on programs and services in tax year 2024.

How much does Newport INC spend on overhead?

Newport INC's overhead in tax year 2024 includes administrative (16%) and fundraising (0%) of their expenses.

What is Newport INC's net worth?

Newport INC had net assets of −$625K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.