Horizons Newark Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 121,949 | 116,776 | 5,173 | 0.9 | 72% |
| 2018 | 100,376 | 108,046 | −7,670 | 0.1 | 78% |
| 2019 | 119,822 | 122,866 | −3,044 | 5.3 | 63% |
| 2020 | 128,113 | 99,816 | 28,297 | 9.9 | — |
| 2021 | 193,137 | 158,470 | 34,667 | 8.9 | — |
| 2022 | 214,737 | 199,848 | 14,889 | 7.9 | 23% |
| 2023 | 332,965 | 237,178 | 95,787 | 11.5 | 20% |
In its most recent public year (2023), this organization brought in $95,787 more than it spent. Its reserves stood at about 11.5 months of spending, up from 0.9 in 2017. Staff pay was 20% 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
Horizons Newark Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works