Riverland Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,396,386 | 2,083,302 | 313,084 | 22.8 | 1% |
| 2022 | 2,801,271 | 2,119,590 | 681,681 | 23.5 | 1% |
| 2023 | 2,623,039 | 2,280,392 | 342,647 | 24.1 | 1% |
In its most recent public year (2023), this organization brought in $342,647 more than it spent. Its reserves stood at about 24.1 months of spending, up from 22.8 in 2021. Staff pay was 1% of spending. $3,221,347 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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