Inland Empire Public Facilities Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,793,651 | 20,979,288 | −16,185,637 | 10.2 | 0% |
| 2021 | 10,603,054 | 13,177,834 | −2,574,780 | 13.9 | 0% |
| 2022 | 9,352,202 | 12,237,679 | −2,885,477 | 12.1 | 0% |
| 2023 | 8,078,021 | 10,043,300 | −1,965,279 | 12.4 | 0% |
In its most recent public year (2023), this organization spent $1,965,279 more than it brought in. Its reserves stood at about 12.4 months of spending, up from 10.2 in 2020. Staff pay was 0% of spending. $10,398,466 of its net assets are donor-restricted.
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
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