Rio Hondo Education Consortium
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,514,863 | 6,489,403 | 25,460 | 2.7 | 69% |
| 2012 | 6,815,079 | 6,765,671 | 49,408 | 1.6 | 71% |
| 2013 | 4,612,203 | 4,627,965 | −15,762 | 0.5 | 72% |
| 2014 | 3,648,721 | 3,383,535 | 265,186 | 1.6 | 65% |
| 2015 | 2,574,556 | 2,968,634 | −394,078 | 2.4 | 73% |
| 2016 | 2,542,884 | 2,790,495 | −247,611 | 1.5 | 75% |
| 2017 | 2,920,741 | 2,837,021 | 83,720 | 1.9 | 74% |
| 2018 | 3,954,578 | 3,698,795 | 255,783 | 2.3 | 71% |
| 2019 | 5,817,638 | 5,128,321 | 689,317 | 3.3 | 67% |
| 2020 | 7,249,827 | 5,597,806 | 1,652,021 | 6.6 | 70% |
| 2021 | 7,995,836 | 8,665,743 | −669,907 | 3.5 | 71% |
| 2022 | 8,190,726 | 7,213,801 | 976,925 | 5.8 | 70% |
| 2023 | 12,151,682 | 11,658,366 | 493,316 | 3.0 | 60% |
In its most recent public year (2023), this organization brought in $493,316 more than it spent. Its reserves stood at about 3 months of spending. Staff pay was 60% of spending. $803,007 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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