Newtown Forest Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 64,067 | 74,988 | −10,921 | 1211.6 | 11% |
| 2021 | 211,839 | 88,506 | 123,333 | 1043.3 | 13% |
| 2022 | 60,163 | 190,033 | −129,870 | 459.6 | 41% |
| 2023 | 85,160 | 195,064 | −109,904 | 451.8 | 44% |
In its most recent public year (2023), this organization spent $109,904 more than it brought in. Its reserves stood at about 451.8 months of spending, down from 1211.6 in 2020. Staff pay was 44% of spending. $5,505,182 of its net assets are donor-restricted.
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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