River Oaks Community Education And Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 369,231 | 177,385 | 191,846 | 12.8 | 24% |
| 2022 | 356,064 | 530,721 | −174,657 | 0.3 | 32% |
| 2023 | 563,253 | 568,816 | −5,563 | 1.8 | 40% |
In its most recent public year (2023), this organization spent $5,563 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 12.8 in 2021. Staff pay was 40% 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
River Oaks Community Education And Development 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