Medford Lakes Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 61,642 | 65,257 | −3,615 | 8.2 | — |
| 2017 | 35,959 | 19,423 | 16,536 | 37.8 | — |
| 2018 | 34,990 | 52,796 | −17,806 | 9.9 | — |
| 2020 | 59,756 | 36,446 | 23,310 | 24.9 | — |
In its most recent public year (2020), this organization brought in $23,310 more than it spent. Its reserves stood at about 24.9 months of spending, up from 8.2 in 2016.
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 2020. 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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