Rockaway Development & Revitalization Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 896,609 | 1,069,145 | −172,536 | 6.3 | 51% |
| 2012 | 1,305,748 | 1,110,324 | 195,424 | 8.2 | 32% |
| 2013 | 979,133 | 998,625 | −19,492 | 8.9 | 47% |
| 2014 | 1,539,387 | 1,074,235 | 465,152 | 13.4 | 51% |
| 2015 | 1,162,683 | 1,230,171 | −67,488 | 11.2 | 56% |
| 2016 | 1,171,483 | 1,221,567 | −50,084 | 10.8 | 58% |
| 2017 | 1,299,910 | 1,395,273 | −95,363 | 8.6 | 56% |
| 2018 | 1,460,698 | 1,425,104 | 35,594 | 8.7 | 58% |
| 2019 | 2,371,471 | 1,645,437 | 726,034 | 12.9 | 55% |
| 2020 | 1,433,659 | 1,607,403 | −173,744 | 11.9 | 56% |
| 2021 | 1,726,927 | 1,667,708 | 59,219 | 11.9 | 51% |
| 2022 | 1,747,216 | 1,759,755 | −12,539 | 11.2 | 53% |
| 2023 | 2,187,316 | 2,106,773 | 80,543 | 9.8 | 54% |
In its most recent public year (2023), this organization brought in $80,543 more than it spent. Its reserves stood at about 9.8 months of spending, up from 6.3 in 2011. Staff pay was 54% of spending. $1,287,957 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
Rockaway Development & Revitalization Corp'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