Operating record

Project Ricochet Inc

Lexington, KY · EIN 01-0949080 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2022$65,331$70,428−$5,0973.1
2023$685,188$571,313$113,8752.869%

In its most recent public year (2023), this organization brought in $113,875 more than it spent. Its reserves stood at about 2.8 months of spending. Staff pay was 69% 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 ↗