Richfield Public Shools Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 421,104 | 312,776 | 108,328 | 31.5 | 1% |
| 2012 | 439,614 | 340,872 | 98,742 | 32.4 | 1% |
| 2013 | 444,780 | 375,431 | 69,349 | 31.6 | 1% |
| 2014 | 453,344 | 373,512 | 79,832 | 34.3 | 1% |
| 2015 | 526,909 | 396,314 | 130,595 | 36.3 | 1% |
| 2016 | 489,269 | 395,508 | 93,761 | 39.2 | 1% |
| 2017 | 488,635 | 423,424 | 65,211 | 38.5 | 1% |
| 2018 | 511,981 | 370,955 | 141,026 | 48.5 | 1% |
| 2019 | 539,359 | 436,159 | 103,200 | 44.1 | 0% |
| 2020 | 486,957 | 415,267 | 71,690 | 48.4 | 0% |
| 2021 | 492,870 | 457,297 | 35,573 | 44.9 | 0% |
| 2022 | 647,614 | 455,625 | 191,989 | 49.9 | 0% |
| 2023 | 723,254 | 453,540 | 269,714 | 57.5 | 0% |
In its most recent public year (2023), this organization brought in $269,714 more than it spent. Its reserves stood at about 57.5 months of spending, up from 31.5 in 2011. Staff pay was 0% of spending.
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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