Invest Newark
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,508,061 | 3,980,529 | 527,532 | 3.1 | 46% |
| 2012 | 4,707,169 | 4,578,145 | 129,024 | 3.1 | 43% |
| 2013 | 4,603,172 | 4,797,695 | −194,523 | 2.4 | 46% |
| 2014 | 2,887,494 | 2,963,484 | −75,990 | 3.6 | 50% |
| 2015 | 3,314,672 | 3,725,216 | −410,544 | 1.6 | 0% |
| 2016 | 3,203,539 | 3,551,823 | −348,284 | 0.5 | 67% |
| 2017 | 2,825,029 | 2,809,271 | 15,758 | 0.7 | 64% |
| 2018 | 3,254,545 | 2,881,352 | 373,193 | 2.4 | 59% |
| 2019 | 3,096,821 | 2,510,322 | 586,499 | 8.2 | 19% |
| 2020 | 4,740,585 | 2,734,600 | 2,005,985 | 16.3 | 47% |
| 2021 | 11,755,184 | 3,582,343 | 8,172,841 | 39.8 | 45% |
| 2022 | 6,698,200 | 4,042,566 | 2,655,634 | 43.2 | 47% |
| 2023 | 16,457,196 | 6,614,033 | 9,843,163 | 42.4 | 36% |
In its most recent public year (2023), this organization brought in $9,843,163 more than it spent. Its reserves stood at about 42.4 months of spending, up from 3.1 in 2011. Staff pay was 36% 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
Invest Newark's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works