Newark Rotary Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 34,444 | 42,380 | −7,936 | 10.1 | 0% |
| 2021 | 4,071 | 4,415 | −344 | 95.7 | 0% |
| 2022 | 6,000 | 23,165 | −17,165 | 9.4 | 0% |
| 2023 | 60,493 | 51,119 | 9,374 | 6.4 | 0% |
In its most recent public year (2023), this organization brought in $9,374 more than it spent. Its reserves stood at about 6.4 months of spending, down from 10.1 in 2020. Staff pay was 0% 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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