Rockford Corridor Improvement Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 178,061 | 175,130 | 2,931 | 0.2 | 0% |
| 2015 | 168,017 | 24,280 | 143,737 | 72.5 | 0% |
| 2016 | 112,000 | 180,925 | −68,925 | 5.2 | 0% |
| 2017 | 103,000 | 128,263 | −25,263 | 4.9 | 0% |
| 2018 | 125,000 | 147,677 | −22,677 | 2.4 | 0% |
| 2019 | 100,000 | 56,232 | 43,768 | 15.7 | 0% |
| 2020 | 125,000 | 20,380 | 104,620 | 104.9 | 0% |
| 2021 | 135,800 | −2,649 | 138,449 | -1434.4 | 0% |
| 2022 | 133,400 | 178,086 | −44,686 | 18.3 | 0% |
| 2023 | 133,000 | 155,203 | −22,203 | 19.3 | 0% |
In its most recent public year (2023), this organization spent $22,203 more than it brought in. Its reserves stood at about 19.3 months of spending, up from 0.2 in 2014. 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
Rockford Corridor Improvement Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works