Paterson Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 534,476 | 597,453 | −62,977 | 6.8 | 40% |
| 2012 | 515,432 | 507,575 | 7,857 | 8.2 | 43% |
| 2013 | 428,037 | 532,876 | −104,839 | 5.5 | 40% |
| 2014 | 511,381 | 552,251 | −40,870 | 4.4 | 45% |
| 2015 | 572,332 | 538,552 | 33,780 | 5.3 | 49% |
| 2016 | 510,950 | 468,361 | 42,589 | 7.2 | 50% |
| 2017 | 374,846 | 494,449 | −119,603 | 3.9 | 43% |
| 2018 | 632,636 | 492,920 | 139,716 | 7.3 | 40% |
| 2019 | 375,496 | 563,127 | −187,631 | 2.4 | 40% |
| 2020 | 420,070 | 468,713 | −48,643 | 2.9 | 52% |
| 2021 | 747,323 | 714,109 | 33,214 | 2.5 | 57% |
| 2022 | 958,241 | 931,280 | 26,961 | 2.2 | 61% |
| 2023 | 1,135,298 | 1,121,374 | 13,924 | 2.0 | 59% |
In its most recent public year (2023), this organization brought in $13,924 more than it spent. Its reserves stood at about 2 months of spending, down from 6.8 in 2011. Staff pay was 59% of spending. $61,067 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
Paterson Education Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works