New Jersey Press Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 46,031 | 110,133 | −64,102 | 225.9 | 33% |
| 2021 | 188,456 | 145,422 | 43,034 | 184.4 | 37% |
| 2022 | 62,499 | 156,329 | −93,830 | 142.5 | 35% |
| 2023 | 18,750 | 159,052 | −140,302 | 143.0 | 55% |
In its most recent public year (2023), this organization spent $140,302 more than it brought in. Its reserves stood at about 143 months of spending, down from 225.9 in 2020. Staff pay was 55% of spending. $933,828 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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