New Jersey Retired Educators Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 324,241 | 267,115 | 57,126 | 72.9 | 9% |
| 2012 | 340,879 | 239,454 | 101,425 | 86.4 | 10% |
| 2013 | 350,488 | 264,035 | 86,453 | 82.3 | 9% |
| 2014 | 302,992 | 271,426 | 31,566 | 81.5 | 9% |
| 2015 | 314,343 | 269,610 | 44,733 | 84.0 | 9% |
| 2016 | 333,796 | 230,608 | 103,188 | 103.6 | 9% |
| 2017 | 345,245 | 272,474 | 72,771 | 90.9 | 8% |
| 2018 | 340,853 | 234,439 | 106,414 | 111.1 | 11% |
| 2019 | 364,869 | 258,209 | 106,660 | 105.8 | 10% |
| 2020 | 342,183 | 215,577 | 126,606 | 133.8 | 12% |
| 2021 | 318,398 | 172,152 | 146,246 | 177.7 | 18% |
| 2022 | 309,297 | 203,265 | 106,032 | 156.8 | 16% |
| 2023 | 399,313 | 297,113 | 102,200 | 111.4 | 11% |
In its most recent public year (2023), this organization brought in $102,200 more than it spent. Its reserves stood at about 111.4 months of spending, up from 72.9 in 2011. Staff pay was 11% 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 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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