Rick Bay Foundation For Excellence In Eyecare Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 14,282 | 10,643 | 3,639 | 4.1 | 0% |
| 2014 | 11,372 | 10,490 | 882 | 5.2 | 0% |
| 2015 | 12,118 | 10,652 | 1,466 | 6.7 | 0% |
| 2016 | 15,000 | 15,383 | −383 | 4.4 | 0% |
| 2017 | 35,000 | 27,950 | 7,050 | 5.4 | 0% |
| 2018 | 29,525 | 32,362 | −2,837 | 3.6 | 0% |
| 2019 | 38,104 | 31,731 | 6,373 | 6.1 | — |
| 2020 | 35,000 | 37,545 | −2,545 | 4.4 | — |
| 2021 | 10,050 | 22,983 | −12,933 | 0.4 | — |
| 2022 | 43,275 | 39,497 | 3,778 | 1.4 | — |
| 2023 | 48,600 | 38,547 | 10,053 | 4.5 | — |
In its most recent public year (2023), this organization brought in $10,053 more than it spent. Its reserves stood at about 4.5 months 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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