Insurance Council Of New Jersey Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 786,680 | 774,937 | 11,743 | 5.1 | 41% |
| 2012 | 774,960 | 687,130 | 87,830 | 7.6 | 47% |
| 2013 | 777,493 | 664,076 | 113,417 | 9.8 | 42% |
| 2014 | 762,420 | 563,007 | 199,413 | 15.8 | 33% |
| 2015 | 768,200 | 592,257 | 175,943 | 18.1 | 32% |
| 2016 | 789,831 | 626,087 | 163,744 | 20.0 | 31% |
| 2017 | 791,838 | 656,501 | 135,337 | 21.2 | 30% |
| 2018 | 1,190,847 | 1,079,394 | 111,453 | 14.1 | 39% |
| 2019 | 1,143,047 | 1,055,782 | 87,265 | 15.2 | 39% |
| 2020 | 763,276 | 724,401 | 38,875 | 23.2 | 61% |
| 2021 | 996,590 | 1,010,429 | −13,839 | 15.9 | 45% |
| 2022 | 847,870 | 792,503 | 55,367 | 19.1 | 59% |
| 2023 | 918,406 | 789,656 | 128,750 | 21.5 | 62% |
In its most recent public year (2023), this organization brought in $128,750 more than it spent. Its reserves stood at about 21.5 months of spending, up from 5.1 in 2011. Staff pay was 62% 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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