Newark Community Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 69,900 | 69,691 | 209 | 0.0 | — |
| 2014 | 61,591 | 58,075 | 3,516 | 2.2 | — |
| 2015 | 96,805 | 80,720 | 16,085 | 4.2 | — |
| 2016 | 86,197 | 82,710 | 3,487 | 4.6 | — |
| 2017 | 72,664 | 69,130 | 3,534 | 6.1 | — |
| 2018 | 57,951 | 64,705 | −6,754 | 5.3 | — |
| 2019 | 72,138 | 81,315 | −9,177 | 2.8 | — |
| 2020 | 62,044 | 55,055 | 6,989 | 5.7 | — |
| 2021 | 66,873 | 64,125 | 2,748 | 5.4 | — |
| 2022 | 82,560 | 93,105 | −10,545 | 2.4 | — |
| 2023 | 87,024 | 57,602 | 29,422 | 10.0 | — |
In its most recent public year (2023), this organization brought in $29,422 more than it spent. Its reserves stood at about 10 months of spending, up from 0 in 2011.
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 Community Scholarship Fund'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