Operating record

Rise Richmond Inc

Richmond, VA · EIN 20-0220263 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$2,248,378$2,330,548−$82,1709.066%
2021$2,310,577$1,929,917$380,66013.260%
2022$3,195,668$2,792,316$403,35210.84%
2023$3,016,631$3,228,026−$211,3958.62%

In its most recent public year (2023), this organization spent $211,395 more than it brought in. Its reserves stood at about 8.6 months of spending. Staff pay was 2% of spending. $161,214 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 ↗