Rise Richmond Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $2,248,378 | $2,330,548 | −$82,170 | 9.0 | 66% |
| 2021 | $2,310,577 | $1,929,917 | $380,660 | 13.2 | 60% |
| 2022 | $3,195,668 | $2,792,316 | $403,352 | 10.8 | 4% |
| 2023 | $3,016,631 | $3,228,026 | −$211,395 | 8.6 | 2% |
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 ↗
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