Riverfront Development Corporation Of Delaware
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,303,668 | 10,084,656 | −5,780,988 | 127.8 | 8% |
| 2013 | 954,809 | 10,046,305 | −9,091,496 | 124.8 | 8% |
| 2014 | 2,396,681 | 9,739,274 | −7,342,593 | 124.5 | 9% |
| 2015 | 2,318,597 | 10,106,222 | −7,787,625 | 114.1 | 10% |
| 2016 | 3,957,011 | 9,804,481 | −5,847,470 | 115.4 | 11% |
| 2017 | 3,590,974 | 9,601,216 | −6,010,242 | 119.2 | 10% |
| 2018 | −1,054,926 | 10,373,122 | −11,428,048 | 100.5 | 10% |
| 2019 | 3,243,430 | 11,288,741 | −8,045,311 | 92.7 | 10% |
| 2020 | 2,390,014 | 9,740,557 | −7,350,543 | 103.9 | 11% |
| 2021 | 2,038,846 | 9,337,704 | −7,298,858 | 119.7 | 10% |
| 2022 | 1,670,893 | 9,769,682 | −8,098,789 | 141.4 | 10% |
| 2023 | 3,658,097 | 13,336,255 | −9,678,158 | 117.3 | 9% |
| 2024 | 4,149,656 | 12,515,287 | −8,365,631 | 120.3 | 10% |
In its most recent public year (2024), this organization spent $8,365,631 more than it brought in. Its reserves stood at about 120.3 months of spending, down from 127.8 in 2012. Staff pay was 10% 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 2024. 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
Riverfront Development Corporation Of Delaware's IRS filings as a feed — one entry per filing year, through 2024. 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