New Jersey Self Insured Guaranty Association And Guaranty Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 831,845 | 246,972 | 584,873 | 127.4 | 43% |
| 2012 | 978,989 | 846,226 | 132,763 | 39.1 | 13% |
| 2013 | 1,402,870 | 325,858 | 1,077,012 | 141.1 | 35% |
| 2014 | 1,164,325 | 452,412 | 711,913 | 120.5 | 26% |
| 2015 | 1,336,371 | 504,692 | 831,679 | 127.8 | 25% |
| 2016 | 11,730 | 2,671,140 | −2,659,410 | 12.2 | 5% |
| 2017 | 2,092,118 | 1,908,966 | 183,152 | 18.2 | 4% |
| 2018 | 68,894 | 520,553 | −451,659 | 56.4 | 16% |
| 2019 | 217,909 | 613,730 | −395,821 | 40.1 | 14% |
| 2020 | 37,434 | 956,493 | −919,059 | 14.2 | 9% |
| 2021 | 2,337,848 | 6,909,648 | −4,571,800 | -6.0 | 1% |
| 2022 | 2,254,119 | 1,134,568 | 1,119,551 | -24.5 | 8% |
| 2023 | 2,676,467 | 2,454,349 | 222,118 | -10.3 | 4% |
In its most recent public year (2023), this organization brought in $222,118 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-10.3 months), down from 127.4 in 2011. Staff pay was 4% 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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