Newjets Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 460,749 | 457,821 | 2,928 | 2.2 | 42% |
| 2012 | 733,058 | 460,250 | 272,808 | 9.3 | 44% |
| 2013 | 737,329 | 513,560 | 223,769 | 13.5 | 47% |
| 2014 | 926,810 | 792,242 | 134,568 | 8.4 | 39% |
| 2015 | 983,087 | 892,652 | 90,435 | 8.7 | 35% |
| 2016 | 1,007,857 | 922,300 | 85,557 | 9.5 | 38% |
| 2017 | 1,032,466 | 1,030,071 | 2,395 | 8.7 | 37% |
| 2018 | 1,060,580 | 1,018,123 | 42,457 | 9.2 | 37% |
| 2019 | 1,065,914 | 1,059,023 | 6,891 | 9.1 | 37% |
| 2020 | 914,636 | 902,202 | 12,434 | 11.1 | 42% |
| 2021 | 1,209,489 | 1,139,517 | 69,972 | 9.1 | 41% |
| 2022 | 1,129,241 | 1,242,687 | −113,446 | 6.3 | 38% |
| 2023 | 1,187,024 | 1,323,921 | −136,897 | 4.7 | 37% |
In its most recent public year (2023), this organization spent $136,897 more than it brought in. Its reserves stood at about 4.7 months of spending, up from 2.2 in 2011. Staff pay was 37% 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
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