Montclair Local Nonprofit News Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 56,277 | 6,807 | 49,470 | 87.2 | — |
| 2020 | 382,137 | 172,578 | 209,559 | 18.0 | 50% |
| 2021 | 808,409 | 765,884 | 42,525 | 4.7 | 55% |
| 2022 | 774,721 | 801,308 | −26,587 | 4.1 | 62% |
In its most recent public year (2022), this organization spent $26,587 more than it brought in. Its reserves stood at about 4.1 months of spending, down from 87.2 in 2019. Staff pay was 62% 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 2022. 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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