Vincent Mc Gowan Foundation A Nj Nonprofit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 98,606 | 350 | 98,256 | 3372.2 | — |
| 2018 | 104,528 | 99,500 | 5,028 | 6.8 | — |
| 2019 | 112,955 | 93,839 | 19,116 | 9.7 | — |
| 2020 | 0 | 50,000 | −50,000 | 6.2 | — |
| 2021 | 0 | 16,133 | −16,133 | 7.2 | — |
| 2022 | 142,850 | 15,120 | 127,730 | 109.1 | — |
| 2023 | 111,805 | 105,675 | 6,130 | 16.3 | — |
In its most recent public year (2023), this organization brought in $6,130 more than it spent. Its reserves stood at about 16.3 months of spending, down from 3372.2 in 2016.
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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