Newbridge Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 479,896 | 718,260 | −238,364 | 30.3 | 0% |
| 2021 | 342,839 | 491,373 | −148,534 | 40.7 | 0% |
| 2022 | 918,214 | 354,542 | 563,672 | 75.4 | 0% |
| 2023 | 254,663 | 1,018,857 | −764,194 | 17.2 | 0% |
In its most recent public year (2023), this organization spent $764,194 more than it brought in. Its reserves stood at about 17.2 months of spending, down from 30.3 in 2020. Staff pay was 0% of spending. $245,875 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
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