Richmond Lodge No 550
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 97,322 | 164,641 | −67,319 | 365.9 | 10% |
| 2021 | 100,870 | 151,740 | −50,870 | 393.0 | 12% |
| 2022 | 42,458 | 238,335 | −195,877 | 240.4 | 16% |
| 2023 | 202,940 | 250,346 | −47,406 | 226.5 | 26% |
| 2024 | 251,607 | 288,009 | −36,402 | 194.7 | 20% |
In its most recent public year (2024), this organization spent $36,402 more than it brought in. Its reserves stood at about 194.7 months of spending, down from 365.9 in 2020. Staff pay was 20% 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 2024. 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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