Richmond Board Of Realtors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,564,301 | 2,784,534 | −220,233 | 41.7 | 53% |
| 2012 | 2,820,781 | 2,773,381 | 47,400 | 42.4 | 52% |
| 2013 | 2,927,680 | 2,667,137 | 260,543 | 52.8 | 54% |
| 2014 | 3,210,832 | 2,779,834 | 430,998 | 55.6 | 54% |
| 2015 | 3,454,871 | 2,917,624 | 537,247 | 55.2 | 55% |
| 2016 | 3,588,576 | 3,146,730 | 441,846 | 55.8 | 53% |
| 2017 | 3,649,154 | 3,220,731 | 428,423 | 63.1 | 54% |
| 2018 | 4,384,303 | 3,733,251 | 651,052 | 54.9 | 53% |
| 2019 | 5,098,037 | 3,716,856 | 1,381,181 | 69.2 | 54% |
| 2020 | 4,470,669 | 3,666,748 | 803,921 | 81.8 | 58% |
| 2021 | 4,626,448 | 3,951,684 | 674,764 | 89.7 | 56% |
| 2022 | 4,565,704 | 4,493,318 | 72,386 | 70.8 | 53% |
| 2023 | 4,335,381 | 4,372,212 | −36,831 | 79.2 | 58% |
In its most recent public year (2023), this organization spent $36,831 more than it brought in. Its reserves stood at about 79.2 months of spending, up from 41.7 in 2011. Staff pay was 58% 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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