Friends Of Philips Newark Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 2,861,443 | 3,888,116 | −1,026,673 | 72.3 | 27% |
| 2015 | 3,207,695 | 4,413,288 | −1,205,593 | 60.4 | 28% |
| 2016 | 3,098,587 | 4,019,581 | −920,994 | 63.5 | 24% |
| 2017 | 5,405,413 | 4,892,785 | 512,628 | 53.9 | 27% |
| 2018 | 3,971,407 | 4,744,712 | −773,305 | 53.7 | 25% |
| 2019 | 2,930,103 | 5,048,228 | −2,118,125 | 45.5 | 27% |
| 2020 | 0 | 0 | 0 | — | — |
| 2022 | 121,955 | 150,009 | −28,054 | 178.7 | 0% |
| 2023 | 12,377 | 70,847 | −58,470 | 395.0 | 0% |
In its most recent public year (2023), this organization spent $58,470 more than it brought in. Its reserves stood at about 395 months of spending, up from 72.3 in 2014. 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
Friends Of Philips Newark 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