R I T E S Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 934,239 | 868,412 | 65,827 | 5.0 | 15% |
| 2021 | 973,787 | 1,101,148 | −127,361 | 2.5 | 0% |
| 2022 | 888,677 | 1,101,457 | −212,780 | 0.3 | 0% |
| 2023 | 1,104,492 | 1,074,904 | 29,588 | 0.6 | 0% |
In its most recent public year (2023), this organization brought in $29,588 more than it spent. Its reserves stood at about 0.6 months of spending, down from 5 in 2020. 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 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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