Roofing Industry Promotion Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 354,851 | 357,856 | −3,005 | 45.5 | 0% |
| 2022 | 364,254 | 353,932 | 10,322 | 46.4 | 0% |
| 2023 | 461,129 | 253,501 | 207,628 | 74.6 | 0% |
| 2024 | 472,748 | 476,151 | −3,403 | 39.7 | 0% |
In its most recent public year (2024), this organization spent $3,403 more than it brought in. Its reserves stood at about 39.7 months of spending, down from 45.5 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 2024. 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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