Newark Betterment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 92,440 | 79,824 | 12,616 | 42.9 | 0% |
| 2012 | 156,771 | 83,369 | 73,402 | 51.6 | 0% |
| 2013 | 137,982 | 162,882 | −24,900 | 24.6 | 0% |
| 2014 | 126,237 | 142,150 | −15,913 | 26.8 | 0% |
| 2015 | 155,089 | 162,770 | −7,681 | 22.9 | 0% |
| 2016 | 57,476 | 174,056 | −116,580 | 13.4 | 0% |
| 2017 | 177,894 | 156,215 | 21,679 | 16.5 | 0% |
| 2018 | 170,254 | 236,959 | −66,705 | 7.5 | 0% |
| 2019 | 189,825 | 183,148 | 6,677 | 10.2 | 0% |
| 2020 | 200,657 | 173,859 | 26,798 | 12.6 | 0% |
| 2021 | 175,333 | 86,051 | 89,282 | 37.9 | 0% |
| 2022 | 81,137 | 73,405 | 7,732 | 44.9 | 0% |
| 2023 | 189,956 | 81,758 | 108,198 | 56.2 | 0% |
In its most recent public year (2023), this organization brought in $108,198 more than it spent. Its reserves stood at about 56.2 months of spending, up from 42.9 in 2011. Staff pay was 0% of spending. $10,000 of its net assets are donor-restricted.
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 Betterment 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