Oar Of Richmond Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,265,109 | 1,454,630 | −189,521 | 6.5 | 48% |
| 2021 | 1,580,802 | 1,570,835 | 9,967 | 6.8 | 52% |
| 2022 | 2,176,818 | 1,685,695 | 491,123 | 9.8 | 54% |
| 2023 | 1,590,546 | 2,131,677 | −541,131 | 4.7 | 52% |
In its most recent public year (2023), this organization spent $541,131 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 6.5 in 2020. Staff pay was 52% of spending. $53,095 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
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