Friends Of Newtown Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,800 | 0 | 3,800 | — | — |
| 2021 | 31,376 | 2,638 | 28,738 | 148.0 | — |
| 2022 | 40,520 | 8,344 | 32,176 | 93.1 | — |
| 2023 | 65,585 | 4,232 | 61,353 | 357.5 | — |
In its most recent public year (2023), this organization brought in $61,353 more than it spent. Its reserves stood at about 357.5 months 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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