The Spirit Of Newtown Committee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 16,476 | 24,760 | −8,284 | 42.9 | — |
| 2018 | 18,351 | 16,834 | 1,517 | 64.2 | — |
| 2019 | 109,908 | 111,267 | −1,359 | 9.6 | — |
| 2020 | 11,473 | 19,210 | −7,737 | 50.5 | — |
In its most recent public year (2020), this organization spent $7,737 more than it brought in. Its reserves stood at about 50.5 months of spending, up from 42.9 in 2017.
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 2020. 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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