Montclair African-American Heritage Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 83,649 | 82,243 | 1,406 | 3.4 | 0% |
| 2020 | 20,552 | 23,826 | −3,274 | 9.9 | 0% |
| 2021 | 60,043 | 51,147 | 8,896 | 6.7 | 0% |
| 2022 | 114,750 | 70,439 | 44,311 | 12.4 | 0% |
| 2023 | 58,510 | 55,420 | 3,090 | 16.5 | 0% |
| 2024 | 101,436 | 90,568 | 10,868 | 11.5 | 0% |
In its most recent public year (2024), this organization brought in $10,868 more than it spent. Its reserves stood at about 11.5 months of spending, up from 3.4 in 2019. 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 2024. 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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