Greater Newark Enterprises Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 479,784 | 406,414 | 73,370 | 5.9 | 54% |
| 2012 | 645,254 | 572,624 | 72,630 | 5.7 | 50% |
| 2013 | 499,842 | 562,495 | −62,653 | 4.5 | 54% |
| 2014 | 537,429 | 591,296 | −53,867 | 3.1 | 47% |
| 2015 | 542,062 | 503,784 | 38,278 | 4.6 | 56% |
| 2016 | 560,528 | 549,146 | 11,382 | 4.5 | 52% |
| 2017 | 808,615 | 504,477 | 304,138 | 12.1 | 56% |
| 2018 | 816,699 | 613,294 | 203,405 | 13.9 | 55% |
| 2019 | 459,547 | 616,036 | −156,489 | 10.8 | 58% |
| 2020 | 1,569,077 | 637,344 | 931,733 | 28.0 | 45% |
| 2021 | 2,856,521 | 856,674 | 1,999,847 | 48.8 | 42% |
| 2022 | 2,347,648 | 1,442,466 | 905,182 | 36.5 | 12% |
| 2023 | 1,635,461 | 1,793,174 | −157,713 | 28.3 | 34% |
In its most recent public year (2023), this organization spent $157,713 more than it brought in. Its reserves stood at about 28.3 months of spending, up from 5.9 in 2011. Staff pay was 34% of spending. $571,835 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
Greater Newark Enterprises Corporation'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