Franklin Lakes Board Of Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 80,271 | 28,636 | 51,635 | 87.0 | 0% |
| 2021 | 60,747 | 80,303 | −19,556 | 28.1 | 0% |
| 2022 | 131,311 | 81,484 | 49,827 | 35.0 | 0% |
| 2023 | 180,965 | 204,888 | −23,923 | 12.5 | 0% |
In its most recent public year (2023), this organization spent $23,923 more than it brought in. Its reserves stood at about 12.5 months of spending, down from 87 in 2020. Staff pay was 0% 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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