Rock Valley Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 641,641 | 675,688 | −34,047 | 66.9 | 0% |
| 2022 | 404,691 | 124,698 | 279,993 | 389.4 | 0% |
| 2023 | 641,149 | 608,335 | 32,814 | 80.5 | 0% |
| 2024 | 1,437,571 | 1,125,421 | 312,150 | 46.8 | 0% |
In its most recent public year (2024), this organization brought in $312,150 more than it spent. Its reserves stood at about 46.8 months of spending, down from 66.9 in 2021. Staff pay was 0% of spending. $454,296 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 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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