Newton Schools Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 392,824 | 475,070 | −82,246 | 36.6 | 17% |
| 2012 | 240,023 | 229,549 | 10,474 | 76.0 | 37% |
| 2013 | 263,309 | 312,403 | −49,094 | 57.3 | 33% |
| 2014 | 518,496 | 328,979 | 189,517 | 73.4 | 29% |
| 2015 | 575,062 | 383,423 | 191,639 | 66.6 | 15% |
| 2016 | 426,907 | 378,472 | 48,435 | 65.6 | 5% |
| 2017 | 452,241 | 409,533 | 42,708 | 66.2 | 5% |
| 2018 | 407,634 | 387,053 | 20,581 | 74.8 | 7% |
| 2019 | 469,594 | 354,692 | 114,902 | 88.1 | 8% |
| 2020 | 287,713 | 311,867 | −24,154 | 103.6 | 9% |
| 2021 | 343,461 | 297,296 | 46,165 | 135.4 | 11% |
| 2022 | 532,671 | 542,851 | −10,180 | 61.5 | 5% |
| 2023 | 414,181 | 405,923 | 8,258 | 86.2 | 7% |
In its most recent public year (2023), this organization brought in $8,258 more than it spent. Its reserves stood at about 86.2 months of spending, up from 36.6 in 2011. Staff pay was 7% of spending. $2,798,843 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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