The Richman Family Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4,424,127 | 1,851,269 | 2,572,858 | 110.3 | 0% |
| 2020 | 4,255,383 | 1,375,854 | 2,879,529 | 195.4 | 0% |
| 2021 | 824,650 | 4,384,147 | −3,559,497 | 59.6 | 0% |
| 2022 | 204,264 | 4,049,354 | −3,845,090 | 42.4 | 0% |
| 2023 | 225,830 | 2,103,152 | −1,877,322 | 77.8 | 0% |
In its most recent public year (2023), this organization spent $1,877,322 more than it brought in. Its reserves stood at about 77.8 months of spending, down from 110.3 in 2019. 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
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