Groundwork Rhode Island
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 474,281 | 385,393 | 88,888 | 8.1 | 46% |
| 2012 | 422,651 | 534,917 | −112,266 | 3.3 | 44% |
| 2013 | 396,756 | 444,513 | −47,757 | 2.7 | 50% |
| 2014 | 250,350 | 252,242 | −1,892 | 4.9 | 33% |
| 2015 | 230,965 | 223,771 | 7,194 | 5.6 | 30% |
| 2016 | 320,752 | 271,609 | 49,143 | 6.8 | 46% |
| 2017 | 547,106 | 504,076 | 43,030 | 4.7 | 37% |
| 2018 | 293,290 | 393,528 | −100,238 | 2.9 | 47% |
| 2019 | 448,458 | 470,277 | −21,819 | 1.9 | 47% |
| 2020 | 443,490 | 458,217 | −14,727 | 1.6 | 50% |
| 2021 | 555,184 | 543,147 | 12,037 | 1.7 | 55% |
| 2022 | 1,229,363 | 805,674 | 423,689 | 7.4 | 53% |
| 2023 | 1,262,657 | 1,197,859 | 64,798 | 5.7 | 44% |
In its most recent public year (2023), this organization brought in $64,798 more than it spent. Its reserves stood at about 5.7 months of spending, down from 8.1 in 2011. Staff pay was 44% of spending. $540,518 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
Groundwork Rhode Island'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