I Have A Dream Foundation - New Jersey Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 231,909 | 278,803 | −46,894 | 16.6 | 43% |
| 2020 | 399,726 | 350,626 | 49,100 | 14.9 | 41% |
| 2021 | 649,632 | 492,449 | 157,183 | 14.4 | 48% |
| 2022 | 281,599 | 520,036 | −238,437 | 8.2 | 52% |
In its most recent public year (2022), this organization spent $238,437 more than it brought in. Its reserves stood at about 8.2 months of spending, down from 16.6 in 2019. Staff pay was 52% of spending. $49,291 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 2022. 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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