New Jersey Association Of Independent Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 894,223 | 825,334 | 68,889 | 12.0 | 65% |
| 2021 | 1,035,764 | 866,202 | 169,562 | 13.8 | 68% |
| 2022 | 1,115,177 | 989,485 | 125,692 | 13.6 | 59% |
| 2023 | 1,090,554 | 1,040,060 | 50,494 | 13.5 | 59% |
| 2024 | 1,188,464 | 1,070,815 | 117,649 | 14.6 | 61% |
In its most recent public year (2024), this organization brought in $117,649 more than it spent. Its reserves stood at about 14.6 months of spending, up from 12 in 2020. Staff pay was 61% 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 2024. 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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