Rasa Ii Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 0 | 0 | 0 | — | — |
| 2009 | 789,338 | 222,272 | 567,066 | 30.6 | 8% |
| 2010 | 498,302 | 536,326 | −38,024 | 11.8 | 8% |
| 2011 | 243,626 | 293,208 | −49,582 | 19.6 | 8% |
| 2012 | 512,967 | 615,701 | −102,734 | 6.9 | 11% |
| 2013 | 509,676 | 605,370 | −95,694 | 5.5 | 12% |
| 2014 | 525,006 | 598,486 | −73,480 | 4.1 | 10% |
| 2015 | 528,354 | 586,304 | −57,950 | 3.0 | 12% |
| 2016 | 598,680 | 607,271 | −8,591 | 2.7 | 13% |
| 2017 | 623,288 | 635,457 | −12,169 | 2.4 | 12% |
| 2018 | 624,204 | 589,959 | 34,245 | 3.2 | 14% |
| 2020 | 647,479 | 609,003 | 38,476 | 3.2 | 12% |
| 2021 | 825,102 | 658,892 | 166,210 | 6.0 | 13% |
| 2022 | 876,632 | 728,582 | 148,050 | 7.9 | 12% |
| 2023 | 935,961 | 743,673 | 192,288 | 10.8 | 13% |
In its most recent public year (2023), this organization brought in $192,288 more than it spent. Its reserves stood at about 10.8 months of spending. Staff pay was 13% 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
Rasa Ii Economic 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