Rapids Mat Backers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 32,966 | 29,700 | 3,266 | 26.2 | — |
| 2012 | 13,040 | 7,725 | 5,315 | 109.1 | — |
| 2013 | 11,549 | 11,346 | 203 | 74.5 | — |
| 2018 | 72,222 | 70,458 | 1,764 | 16.4 | — |
| 2019 | 69,744 | 71,101 | −1,357 | 16.0 | — |
| 2020 | 82,413 | 115,609 | −33,196 | 6.4 | — |
| 2021 | 7,908 | 25,684 | −17,776 | 20.5 | — |
| 2022 | 54,150 | 50,387 | 3,763 | 11.3 | — |
| 2023 | 71,402 | 55,261 | 16,141 | 13.8 | — |
| 2024 | 81,097 | 69,213 | 11,884 | 13.1 | — |
In its most recent public year (2024), this organization brought in $11,884 more than it spent. Its reserves stood at about 13.1 months of spending, down from 26.2 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 2024. 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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