Regional Development Funding Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 580,772 | 565,625 | 15,147 | 139.7 | 50% |
| 2012 | 574,889 | 566,271 | 8,618 | 139.7 | 50% |
| 2013 | 551,209 | 512,778 | 38,431 | 155.2 | 58% |
| 2014 | 574,266 | 524,094 | 50,172 | 153.0 | 57% |
| 2015 | 614,202 | 503,248 | 110,954 | 162.0 | 62% |
| 2016 | 687,361 | 718,748 | −31,387 | 112.9 | 44% |
| 2017 | 878,677 | 598,136 | 280,541 | 141.3 | 59% |
| 2018 | 993,556 | 707,665 | 285,891 | 124.2 | 15% |
| 2019 | 903,541 | 763,684 | 139,857 | 117.3 | 58% |
| 2020 | 1,078,125 | 712,979 | 365,146 | 131.8 | 65% |
| 2021 | 6,644,116 | 1,121,321 | 5,522,795 | 142.9 | 42% |
| 2022 | 3,181,210 | 1,324,471 | 1,856,739 | 137.8 | 43% |
| 2023 | 1,226,237 | 1,055,972 | 170,265 | 174.8 | 54% |
In its most recent public year (2023), this organization brought in $170,265 more than it spent. Its reserves stood at about 174.8 months of spending, up from 139.7 in 2011. Staff pay was 54% 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
Regional Development Funding Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works