Newton Community Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,427,602 | 1,603,713 | 4,823,889 | 60.0 | 73% |
| 2021 | 3,122,745 | 1,683,575 | 1,439,170 | 68.0 | 68% |
| 2022 | 2,246,080 | 1,931,284 | 314,796 | 54.8 | 63% |
| 2023 | 2,535,235 | 2,089,854 | 445,381 | 56.3 | 63% |
In its most recent public year (2023), this organization brought in $445,381 more than it spent. Its reserves stood at about 56.3 months of spending, down from 60 in 2020. Staff pay was 63% 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 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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