Herman L Rowley Memorial Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,901,608 | 3,952,627 | −51,019 | 17.7 | 50% |
| 2012 | 3,930,016 | 4,002,453 | −72,437 | 17.4 | 49% |
| 2013 | 4,352,493 | 4,209,515 | 142,978 | 16.7 | 46% |
| 2014 | 4,364,464 | 4,240,172 | 124,292 | 16.8 | 49% |
| 2015 | 3,889,596 | 4,599,885 | −710,289 | 13.5 | 2% |
| 2016 | 4,726,443 | 5,215,477 | −489,034 | 10.6 | 38% |
| 2017 | 4,921,654 | 5,653,011 | −731,357 | 8.3 | 36% |
| 2018 | 4,439,198 | 5,783,258 | −1,344,060 | 5.3 | 36% |
| 2019 | 4,138,344 | 5,869,440 | −1,731,096 | 1.7 | 35% |
| 2020 | 4,324,795 | 5,923,405 | −1,598,610 | -1.6 | 32% |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 773,380 | 0 | 773,380 | — | — |
| 2023 | 0 | 47,571 | −47,571 | -12.0 | 0% |
| 2024 | 6,844 | 60,470 | −53,626 | -20.1 | 0% |
In its most recent public year (2024), this organization spent $53,626 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-20.1 months), down from 17.7 in 2011. Staff pay was 0% 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 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works