Redec Relending Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 252,266 | 184,941 | 67,325 | 13.6 | 54% |
| 2012 | 285,220 | 223,739 | 61,481 | 14.5 | 46% |
| 2013 | 283,946 | 214,773 | 69,173 | 19.0 | 54% |
| 2014 | 272,869 | 291,719 | −18,850 | 12.2 | 40% |
| 2015 | 341,768 | 328,257 | 13,511 | 10.4 | 43% |
| 2016 | 274,348 | 361,939 | −87,591 | 8.7 | 55% |
| 2017 | 318,451 | 342,665 | −24,214 | 8.8 | 43% |
| 2018 | 322,454 | 319,152 | 3,302 | 8.0 | 55% |
| 2019 | 390,352 | 325,896 | 64,456 | 10.5 | 56% |
| 2020 | 564,280 | 338,037 | 226,243 | 18.4 | 57% |
| 2021 | 381,712 | 312,460 | 69,252 | 23.4 | 59% |
| 2022 | 400,791 | 341,709 | 59,082 | 23.5 | 61% |
| 2023 | 393,283 | 374,145 | 19,138 | 22.0 | 56% |
In its most recent public year (2023), this organization brought in $19,138 more than it spent. Its reserves stood at about 22 months of spending, up from 13.6 in 2011. Staff pay was 56% of spending. $128,132 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
Redec Relending 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