Newton Services Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 7,044,922 | 6,962,610 | 82,312 | 0.1 | 83% |
| 2017 | 9,690,874 | 9,592,885 | 97,989 | 0.2 | 84% |
| 2018 | 15,109,720 | 14,804,692 | 305,028 | 0.4 | 85% |
| 2019 | 13,948,640 | 14,535,063 | −586,423 | -0.1 | 81% |
| 2020 | 10,428,739 | 8,013,827 | 2,414,912 | 3.5 | 82% |
| 2021 | 10,102,149 | 8,878,310 | 1,223,839 | 4.8 | 72% |
| 2022 | 3,408,888 | 3,343,043 | 65,845 | 8.4 | 53% |
| 2023 | 3,021,033 | 3,139,243 | −118,210 | 8.6 | 54% |
In its most recent public year (2023), this organization spent $118,210 more than it brought in. Its reserves stood at about 8.6 months of spending, up from 0.1 in 2016. Staff pay was 54% 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
Newton Services Foundation 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