Godkar-Dave Foundation A New Jersey Nonprofit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 54,867 | 20,937 | 33,930 | 69.7 | — |
| 2021 | 268,551 | 143,414 | 125,137 | 20.6 | 0% |
| 2022 | 26,050 | 37,635 | −11,585 | 77.5 | 0% |
| 2023 | 12,878 | 7,637 | 5,241 | 394.8 | 0% |
In its most recent public year (2023), this organization brought in $5,241 more than it spent. Its reserves stood at about 394.8 months of spending, up from 69.7 in 2020. Staff pay was 0% 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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