Rockford Area Strategic Initiatives
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,290,249 | 1,108,692 | 181,557 | 10.6 | 6% |
| 2012 | 1,507,701 | 1,472,306 | 35,395 | 8.3 | 10% |
| 2013 | 1,131,683 | 1,360,764 | −229,081 | 7.0 | 7% |
| 2014 | 1,097,553 | 1,453,778 | −356,225 | 3.6 | 7% |
| 2015 | 136,633 | 253,963 | −117,330 | 14.9 | 27% |
| 2016 | −26,106 | 26,036 | −52,142 | 121.7 | 0% |
| 2017 | 4,534 | 146,453 | −141,919 | 10.0 | 0% |
| 2018 | 2,765 | 30,893 | −28,128 | 36.5 | 0% |
| 2019 | 758 | 12,361 | −11,603 | 80.1 | 0% |
| 2021 | 83,200 | 133,377 | −50,177 | -1.1 | — |
| 2022 | 100,863 | 132,963 | −32,100 | -4.0 | — |
| 2023 | 158,390 | 158,683 | −293 | -3.3 | — |
In its most recent public year (2023), this organization spent $293 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.3 months), down from 10.6 in 2011.
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
Rockford Area Strategic Initiatives'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