Pennington School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,129,204 | 18,736,929 | 1,392,275 | 25.4 | 40% |
| 2012 | 19,928,540 | 19,698,964 | 229,576 | 23.5 | 39% |
| 2013 | 25,092,337 | 20,146,143 | 4,946,194 | 27.0 | 39% |
| 2014 | 27,204,515 | 21,292,856 | 5,911,659 | 30.3 | 40% |
| 2015 | 27,374,531 | 21,984,596 | 5,389,935 | 30.3 | 40% |
| 2016 | 25,687,398 | 23,767,628 | 1,919,770 | 27.5 | 39% |
| 2017 | 30,821,087 | 26,543,783 | 4,277,304 | 27.8 | 38% |
| 2018 | 30,681,440 | 28,529,950 | 2,151,490 | 26.6 | 36% |
| 2019 | 31,843,686 | 29,812,276 | 2,031,410 | 25.4 | 36% |
| 2020 | 31,012,205 | 30,173,480 | 838,725 | 24.4 | 39% |
| 2021 | 33,377,887 | 31,241,326 | 2,136,561 | 27.7 | 38% |
| 2022 | 40,875,880 | 34,213,221 | 6,662,659 | 23.8 | 36% |
| 2023 | 37,975,879 | 36,919,688 | 1,056,191 | 22.9 | 38% |
In its most recent public year (2023), this organization brought in $1,056,191 more than it spent. Its reserves stood at about 22.9 months of spending, down from 25.4 in 2011. Staff pay was 38% of spending. $26,179,366 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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