Fremont-Rideout Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 574,230 | 355,203 | 219,027 | 121.2 | 0% |
| 2012 | 653,608 | 194,618 | 458,990 | 251.6 | 0% |
| 2013 | 831,930 | 196,229 | 635,701 | 287.3 | 0% |
| 2014 | 563,993 | 204,233 | 359,760 | 297.6 | 0% |
| 2015 | 584,275 | 220,625 | 363,650 | 294.5 | 0% |
| 2016 | 3,165,855 | 265,123 | 2,900,732 | 375.9 | 0% |
| 2017 | 911,917 | 7,137,392 | −6,225,475 | 3.5 | 1% |
| 2018 | 152,419 | 217,314 | −64,895 | 274.2 | 67% |
| 2019 | 913,156 | 216,216 | 696,940 | 324.1 | 0% |
| 2020 | 913,135 | 806,222 | 106,913 | 96.1 | 46% |
| 2021 | 997,593 | 527,604 | 469,989 | 158.3 | 69% |
| 2022 | 1,328,325 | 1,052,582 | 275,743 | 74.6 | 37% |
| 2023 | 693,529 | 1,431,774 | −738,245 | 51.1 | 23% |
In its most recent public year (2023), this organization spent $738,245 more than it brought in. Its reserves stood at about 51.1 months of spending, down from 121.2 in 2011. Staff pay was 23% of spending. $1,775,480 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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