R Michael Rhoades Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 73,966 | 76,037 | −2,071 | 366.0 | 43% |
| 2012 | 79,306 | 69,610 | 9,696 | 401.5 | 52% |
| 2013 | 40,139 | 55,774 | −15,635 | 497.7 | 65% |
| 2014 | 104,003 | 53,194 | 50,809 | 533.3 | 68% |
| 2015 | 99,965 | 86,918 | 13,047 | 328.2 | 41% |
| 2016 | 303,781 | 85,135 | 218,646 | 365.9 | 42% |
| 2017 | 326,365 | 156,842 | 169,523 | 211.6 | 23% |
| 2018 | 396,166 | 258,147 | 138,019 | 135.0 | 14% |
| 2019 | 156,910 | 255,053 | −98,143 | 132.0 | 14% |
| 2020 | 103,149 | 196,321 | −93,172 | 165.8 | 18% |
| 2021 | 262,130 | 71,214 | 190,916 | 489.2 | 51% |
| 2022 | 153,279 | 144,827 | 8,452 | 241.2 | 25% |
| 2023 | 159,384 | 140,108 | 19,276 | 251.0 | 26% |
In its most recent public year (2023), this organization brought in $19,276 more than it spent. Its reserves stood at about 251 months of spending, down from 366 in 2011. Staff pay was 26% 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
R Michael Rhoades 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