Reach Newtown Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 153,348 | 129,376 | 23,972 | 12.1 | — |
| 2015 | 355,373 | 403,334 | −47,961 | 1.5 | 44% |
| 2016 | 397,916 | 422,767 | −24,851 | 0.7 | 55% |
| 2017 | 433,034 | 440,264 | −7,230 | 0.5 | 57% |
| 2018 | 335,912 | 341,314 | −5,402 | 0.4 | 54% |
| 2019 | 408,139 | 412,177 | −4,038 | 0.2 | 52% |
| 2020 | 504,478 | 463,846 | 40,632 | 1.1 | 53% |
| 2022 | 656,635 | 639,971 | 16,664 | 2.6 | 46% |
| 2023 | 416,532 | 339,369 | 77,163 | 7.5 | 45% |
In its most recent public year (2023), this organization brought in $77,163 more than it spent. Its reserves stood at about 7.5 months of spending, down from 12.1 in 2014. Staff pay was 45% of spending. $137,500 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
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