New York Mills Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 68,748 | 2,558 | 66,190 | 310.5 | 0% |
| 2018 | 24,526 | 70,333 | −45,807 | 3.5 | — |
| 2019 | 43,458 | 39,849 | 3,609 | 7.2 | — |
| 2020 | 8,834 | 15,909 | −7,075 | 12.8 | — |
| 2021 | 25,008 | 9,995 | 15,013 | 38.3 | — |
| 2022 | 29,332 | 28,504 | 828 | 13.8 | — |
| 2023 | 29,093 | 19,227 | 9,866 | 26.6 | — |
In its most recent public year (2023), this organization brought in $9,866 more than it spent. Its reserves stood at about 26.6 months of spending, down from 310.5 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 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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