French Academy Of Bergen County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,016,868 | 2,089,834 | −72,966 | -1.3 | 53% |
| 2020 | 1,855,456 | 1,663,832 | 191,624 | -0.2 | 54% |
| 2021 | 1,894,333 | 1,724,126 | 170,207 | 2.3 | 49% |
| 2022 | 1,818,025 | 1,825,714 | −7,689 | 2.2 | 54% |
| 2023 | 2,506,860 | 2,117,493 | 389,367 | 4.0 | 44% |
In its most recent public year (2023), this organization brought in $389,367 more than it spent. Its reserves stood at about 4 months of spending, up from -1.3 in 2019. Staff pay was 44% 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
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