Richland Newhope Industries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,346,797 | 3,140,483 | 206,314 | 16.6 | 20% |
| 2012 | 3,004,890 | 2,842,418 | 162,472 | 19.1 | 24% |
| 2013 | 3,152,102 | 2,836,032 | 316,070 | 20.7 | 24% |
| 2014 | 3,754,705 | 3,480,601 | 274,104 | 18.1 | 24% |
| 2015 | 3,349,357 | 3,302,996 | 46,361 | 19.1 | 30% |
| 2016 | 3,449,876 | 3,434,704 | 15,172 | 18.5 | 35% |
| 2017 | 6,462,436 | 5,850,357 | 612,079 | 12.2 | 51% |
| 2018 | 8,188,462 | 7,822,116 | 366,346 | 9.8 | 51% |
| 2019 | 8,935,761 | 9,650,607 | −714,846 | 7.1 | 49% |
| 2020 | 9,625,235 | 8,861,259 | 763,976 | 8.7 | 49% |
| 2021 | 11,338,737 | 9,217,959 | 2,120,778 | 10.7 | 44% |
| 2022 | 8,394,692 | 8,315,921 | 78,771 | 11.6 | 45% |
| 2023 | 7,054,611 | 8,037,806 | −983,195 | 10.6 | 47% |
In its most recent public year (2023), this organization spent $983,195 more than it brought in. Its reserves stood at about 10.6 months of spending, down from 16.6 in 2011. Staff pay was 47% 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
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