Riverside Military Academy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 91,010 | 1,015 | 89,995 | 1064.0 | 0% |
| 2015 | 33,811 | 0 | 33,811 | — | — |
| 2016 | 160,334 | 0 | 160,334 | — | — |
| 2017 | 145,512 | 0 | 145,512 | — | — |
| 2018 | 95,749 | 0 | 95,749 | — | — |
| 2019 | 116,778 | 0 | 116,778 | — | — |
| 2020 | 80,698 | 0 | 80,698 | — | — |
| 2021 | 187,230 | 460,522 | −273,292 | 13.8 | 0% |
| 2022 | 33,418 | 207,150 | −173,732 | 28.3 | 0% |
| 2023 | 30,869 | 167,500 | −136,631 | 27.8 | 0% |
In its most recent public year (2023), this organization spent $136,631 more than it brought in. Its reserves stood at about 27.8 months of spending, down from 1064 in 2014. Staff pay was 0% of spending. $388,677 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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