Rockford Area Convention & Visitors Bureau Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 203,009 | 211,880 | −8,871 | -0.5 | 0% |
| 2017 | 313,250 | 291,675 | 21,575 | 0.5 | 0% |
| 2018 | 275,500 | 244,919 | 30,581 | 2.1 | 0% |
| 2019 | 379,549 | 366,318 | 13,231 | 1.9 | 0% |
| 2020 | 296,083 | 342,181 | −46,098 | 0.4 | 0% |
| 2021 | 324,817 | 323,498 | 1,319 | 0.4 | 0% |
| 2022 | 865,250 | 486,175 | 379,075 | 9.6 | 0% |
| 2023 | 719,485 | 691,776 | 27,709 | 7.3 | 0% |
In its most recent public year (2023), this organization brought in $27,709 more than it spent. Its reserves stood at about 7.3 months of spending, up from -0.5 in 2016. Staff pay was 0% of spending. $1,850 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
Rockford Area Convention & Visitors Bureau Charitable Foundation'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