Leadership Newark Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 280,196 | 264,574 | 15,622 | 6.1 | 60% |
| 2012 | 316,740 | 268,016 | 48,724 | 8.2 | 61% |
| 2013 | 277,577 | 299,136 | −21,559 | 6.5 | 54% |
| 2014 | 342,790 | 309,337 | 33,453 | 7.6 | 54% |
| 2015 | 359,767 | 324,177 | 35,590 | 8.5 | 57% |
| 2016 | 456,713 | 384,265 | 72,448 | 9.5 | 62% |
| 2017 | 428,765 | 430,772 | −2,007 | 8.4 | 58% |
| 2018 | 491,958 | 421,157 | 70,801 | 10.6 | 60% |
| 2019 | 493,802 | 366,845 | 126,957 | 16.3 | 53% |
| 2020 | 417,817 | 440,181 | −22,364 | 12.2 | 60% |
| 2021 | 394,036 | 453,215 | −59,179 | 10.4 | 66% |
| 2022 | 459,687 | 311,086 | 148,601 | 19.4 | 62% |
| 2023 | 459,114 | 442,370 | 16,744 | 15.1 | 49% |
In its most recent public year (2023), this organization brought in $16,744 more than it spent. Its reserves stood at about 15.1 months of spending, up from 6.1 in 2011. Staff pay was 49% of spending. $112,639 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
Leadership Newark Inc'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