Downtown New Jersey Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,780 | 45,598 | 5,182 | 7.8 | — |
| 2021 | 42,637 | 43,142 | −505 | 9.0 | — |
| 2022 | 75,596 | 73,485 | 2,111 | 4.4 | — |
| 2023 | 69,496 | 78,795 | −9,299 | 3.7 | — |
In its most recent public year (2023), this organization spent $9,299 more than it brought in. Its reserves stood at about 3.7 months of spending, down from 7.8 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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