Newark Center For Meditative Culture
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 5,439 | 4,964 | 475 | 0.0 | — |
| 2020 | 7,095 | 5,697 | 1,398 | 0.0 | — |
| 2021 | 25,402 | 15,105 | 10,297 | 13.6 | — |
| 2022 | 38,839 | 22,393 | 16,446 | 17.1 | — |
| 2023 | 42,770 | 20,834 | 21,936 | 31.1 | — |
In its most recent public year (2023), this organization brought in $21,936 more than it spent. Its reserves stood at about 31.1 months of spending, up from 0 in 2019.
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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