Newark Teachers Union Education Foundation Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 28,619 | 0 | 28,619 | — | — |
| 2022 | 26,818 | 54,500 | −27,682 | 11.3 | — |
| 2023 | 31,433 | 27,800 | 3,633 | 23.7 | — |
| 2024 | 34,230 | 41,565 | −7,335 | 13.7 | — |
In its most recent public year (2024), this organization spent $7,335 more than it brought in. Its reserves stood at about 13.7 months 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 2024. 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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