Bayonne Family Community Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,137,213 | 1,088,849 | 48,364 | 41.9 | 25% |
| 2021 | 804,616 | 1,025,044 | −220,428 | 41.9 | 22% |
| 2022 | 719,857 | 1,042,082 | −322,225 | 37.5 | 23% |
| 2023 | 722,607 | 1,006,545 | −283,938 | 35.5 | 22% |
In its most recent public year (2023), this organization spent $283,938 more than it brought in. Its reserves stood at about 35.5 months of spending, down from 41.9 in 2020. Staff pay was 22% 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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