Montclair State University Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 13,845,649 | 8,966,407 | 4,879,242 | 145.7 | 0% |
| 2022 | 13,284,004 | 8,584,400 | 4,699,604 | 146.4 | 0% |
| 2023 | 15,347,323 | 10,357,786 | 4,989,537 | 133.6 | 0% |
In its most recent public year (2023), this organization brought in $4,989,537 more than it spent. Its reserves stood at about 133.6 months of spending, down from 145.7 in 2021. Staff pay was 0% of spending. $101,525,283 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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