Newark Union Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 169,737 | 104,903 | 64,834 | 89.1 | 0% |
| 2022 | 338,526 | 258,781 | 79,745 | 38.7 | 0% |
| 2023 | 49,181 | 299,326 | −250,145 | 29.1 | 0% |
In its most recent public year (2023), this organization spent $250,145 more than it brought in. Its reserves stood at about 29.1 months of spending, down from 89.1 in 2021. 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
Newark Union Corporation'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