Rivercrest Developement Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 407,098 | 535,748 | −128,650 | 9.8 | 19% |
| 2012 | 528,840 | 613,713 | −84,873 | 6.9 | 21% |
| 2013 | 432,863 | 399,686 | 33,177 | 11.5 | 21% |
| 2014 | 337,487 | 311,364 | 26,123 | 15.8 | 20% |
| 2015 | 204,298 | 156,166 | 48,132 | 35.2 | 24% |
| 2016 | 275,563 | 180,715 | 94,848 | 36.7 | 20% |
| 2017 | 793,792 | 227,788 | 566,004 | 69.2 | 15% |
| 2018 | 409,780 | 199,299 | 210,481 | 91.8 | 4% |
| 2019 | 339,193 | 265,491 | 73,702 | 72.2 | 1% |
| 2020 | 487,045 | 257,998 | 229,047 | 85.0 | 6% |
| 2021 | 481,579 | 250,065 | 231,514 | 98.8 | 6% |
| 2022 | 331,675 | 445,150 | −113,475 | 52.4 | 7% |
| 2023 | 420,365 | 292,627 | 127,738 | 85.0 | 12% |
In its most recent public year (2023), this organization brought in $127,738 more than it spent. Its reserves stood at about 85 months of spending, up from 9.8 in 2011. Staff pay was 12% of spending. $1,149,073 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
Rivercrest Developement 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