Mid-Atlantic Robotics A Nj Non-Profit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 477,792 | 465,697 | 12,095 | 15.3 | 14% |
| 2021 | 370,511 | 216,140 | 154,371 | 39.3 | 75% |
| 2022 | 988,753 | 502,261 | 486,492 | 28.5 | 37% |
| 2023 | 554,383 | 881,671 | −327,288 | 11.8 | 16% |
In its most recent public year (2023), this organization spent $327,288 more than it brought in. Its reserves stood at about 11.8 months of spending, down from 15.3 in 2020. Staff pay was 16% of spending. $43,104 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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