Boonton Township Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 59,316 | 41,165 | 18,151 | 18.9 | — |
| 2022 | 64,211 | 68,653 | −4,442 | 10.5 | — |
| 2023 | 69,659 | 97,492 | −27,833 | 4.0 | — |
| 2024 | 96,083 | 73,515 | 22,568 | 9.0 | — |
In its most recent public year (2024), this organization brought in $22,568 more than it spent. Its reserves stood at about 9 months of spending, down from 18.9 in 2021.
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 2024. 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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