Newman Foundation Corporation Of Northern Ohio
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 54,489 | 39,259 | 15,230 | 264.3 | 0% |
| 2021 | 219,387 | 120,942 | 98,445 | 95.6 | 0% |
| 2022 | 16,844 | 85,026 | −68,182 | 126.3 | 0% |
| 2023 | 130,879 | 49,095 | 81,784 | 238.7 | 0% |
| 2024 | 154,026 | 53,650 | 100,376 | 240.9 | 0% |
In its most recent public year (2024), this organization brought in $100,376 more than it spent. Its reserves stood at about 240.9 months of spending, down from 264.3 in 2020. Staff pay was 0% 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 2024. 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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