Greater Morris County Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 71,125 | 84,120 | −12,995 | 71.6 | 74% |
| 2021 | 71,833 | 133,524 | −61,691 | 39.6 | 47% |
| 2022 | 340,796 | 315,870 | 24,926 | 17.7 | 25% |
| 2023 | 256,767 | 199,636 | 57,131 | 31.4 | 55% |
In its most recent public year (2023), this organization brought in $57,131 more than it spent. Its reserves stood at about 31.4 months of spending, down from 71.6 in 2020. Staff pay was 55% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works