Operating record

Nj Taekwondo For Youth Foundation

Jersey, NJ · EIN 20-1130388 · files the short form (990-EZ), so reduced detail · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$23,669$21,856$1,8131.2
2021$20,139$15,284$4,8555.6
2022$13,475$17,487−$4,0122.1
2023$23,144$25,223−$2,0790.5

In its most recent public year (2023), this organization spent $2,079 more than it brought in. Its reserves stood at about 0.5 months of spending.

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 ↗