Roofing Industry Advancement & Research Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 341,646 | 239,106 | 102,540 | 35.3 | 0% |
| 2012 | 336,951 | 360,325 | −23,374 | 22.7 | 0% |
| 2013 | 344,708 | 396,701 | −51,993 | 20.4 | 0% |
| 2014 | 393,265 | 418,160 | −24,895 | 18.5 | 0% |
| 2015 | 548,414 | 366,717 | 181,697 | 26.7 | 0% |
| 2016 | 837,399 | 463,121 | 374,278 | 30.8 | 0% |
| 2017 | 936,071 | 609,584 | 326,487 | 31.1 | 0% |
| 2018 | 760,933 | 756,143 | 4,790 | 24.4 | 0% |
| 2019 | 607,890 | 571,787 | 36,103 | 34.9 | 0% |
| 2020 | 733,319 | 567,084 | 166,235 | 39.8 | 0% |
| 2021 | 704,339 | 807,347 | −103,008 | 27.5 | 0% |
| 2022 | 792,183 | 937,931 | −145,748 | 20.2 | 0% |
| 2023 | 833,529 | 845,699 | −12,170 | 22.7 | 0% |
In its most recent public year (2023), this organization spent $12,170 more than it brought in. Its reserves stood at about 22.7 months of spending, down from 35.3 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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