Newton Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 152,732 | 147,161 | 5,571 | 38.9 | 50% |
| 2012 | 155,237 | 149,102 | 6,135 | 39.1 | 57% |
| 2013 | 164,508 | 149,279 | 15,229 | 41.1 | 63% |
| 2014 | 165,967 | 159,736 | 6,231 | 38.9 | 66% |
| 2015 | 171,686 | 161,368 | 10,318 | 39.3 | 52% |
| 2016 | 170,147 | 165,237 | 4,910 | 39.4 | 47% |
| 2017 | 182,167 | 167,025 | 15,142 | 39.4 | 68% |
| 2018 | 194,094 | 179,853 | 14,241 | 37.8 | 73% |
| 2019 | 189,074 | 190,537 | −1,463 | 37.1 | 72% |
| 2020 | 313,161 | 326,788 | −13,627 | 21.1 | 42% |
| 2021 | 277,333 | 200,996 | 76,337 | 38.9 | 71% |
| 2022 | 215,851 | 205,935 | 9,916 | 38.6 | 73% |
| 2023 | 233,997 | 207,408 | 26,589 | 39.9 | 72% |
In its most recent public year (2023), this organization brought in $26,589 more than it spent. Its reserves stood at about 39.9 months of spending. Staff pay was 72% 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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