Mendham Borough Home-School Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 35,640 | 35,066 | 574 | 35.2 | — |
| 2021 | 43,390 | 43,904 | −514 | 28.0 | — |
| 2022 | 54,528 | 55,182 | −654 | 22.1 | — |
| 2023 | 30,275 | 42,882 | −12,607 | 24.9 | — |
In its most recent public year (2023), this organization spent $12,607 more than it brought in. Its reserves stood at about 24.9 months of spending, down from 35.2 in 2020.
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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