Friends Of Passaic County Parks A Nj Nonprofit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 219,993 | 232,807 | −12,814 | 0.3 | 0% |
| 2016 | 327,709 | 232,215 | 95,494 | 5.2 | 0% |
| 2017 | 300,287 | 234,199 | 66,088 | 8.6 | 0% |
| 2018 | 1,133,120 | 842,166 | 290,954 | 6.5 | 0% |
| 2019 | 357,869 | 654,605 | −296,736 | 3.0 | 0% |
| 2020 | 1,130,873 | 922,685 | 208,188 | 4.8 | 0% |
| 2021 | 1,668,713 | 1,305,398 | 363,315 | 6.7 | 0% |
| 2022 | 1,865,216 | 947,990 | 917,226 | 20.9 | 0% |
| 2023 | 617,919 | 1,434,024 | −816,105 | 7.0 | 0% |
In its most recent public year (2023), this organization spent $816,105 more than it brought in. Its reserves stood at about 7 months of spending, up from 0.3 in 2015. Staff pay was 0% of spending. $713,525 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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