Friends Of Team Academy Charter School A New Jersey Non-Profit Org
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,896,407 | 7,327,141 | 3,569,266 | 77.5 | 0% |
| 2021 | 12,328,545 | 7,401,905 | 4,926,640 | 84.7 | 0% |
| 2022 | 11,734,420 | 8,672,739 | 3,061,681 | 76.6 | 0% |
| 2023 | 15,217,036 | 11,131,185 | 4,085,851 | 64.1 | 0% |
In its most recent public year (2023), this organization brought in $4,085,851 more than it spent. Its reserves stood at about 64.1 months of spending, down from 77.5 in 2020. Staff pay was 0% of spending. $5,000 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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