Bergen-Passaic Arc Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 87,835 | 76,849 | 10,986 | 18.7 | 0% |
| 2012 | 80,586 | 98,707 | −18,121 | 12.2 | 0% |
| 2013 | 146,560 | 125,005 | 21,555 | 11.7 | 0% |
| 2014 | 56,311 | 72,649 | −16,338 | 18.0 | 0% |
| 2015 | 791,433 | 55,702 | 735,731 | 179.8 | 0% |
| 2016 | −3,025 | 45,708 | −48,733 | 197.1 | 0% |
| 2017 | 953,251 | 44,062 | 909,189 | 454.0 | 0% |
| 2018 | 172,118 | 46,076 | 126,042 | 467.1 | 0% |
| 2019 | 15,412 | 46,027 | −30,615 | 465.7 | 0% |
| 2020 | 29,398 | 249,603 | −220,205 | 74.9 | 0% |
| 2021 | 684,725 | 43,117 | 641,608 | 633.8 | 0% |
| 2022 | 36,046 | 52,898 | −16,852 | 460.2 | 0% |
| 2023 | 31,681 | 69,007 | −37,326 | 365.7 | 0% |
In its most recent public year (2023), this organization spent $37,326 more than it brought in. Its reserves stood at about 365.7 months of spending, up from 18.7 in 2011. Staff pay was 0% of spending. $728,763 of its net assets are donor-restricted.
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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