Rappahannock Economic Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 79,201 | 68,816 | 10,385 | 75.9 | 59% |
| 2013 | 280,476 | 306,937 | −26,461 | 16.0 | 53% |
| 2014 | 295,518 | 263,919 | 31,599 | 20.0 | 49% |
| 2015 | 236,826 | 319,706 | −82,880 | 13.4 | 56% |
| 2016 | 332,483 | 357,504 | −25,021 | 11.2 | 58% |
| 2017 | 371,955 | 357,880 | 14,075 | 11.6 | 63% |
| 2018 | 330,764 | 336,758 | −5,994 | 12.1 | 62% |
| 2019 | 375,293 | 377,648 | −2,355 | 10.7 | 56% |
| 2020 | 507,587 | 411,882 | 95,705 | 12.6 | 53% |
| 2021 | 608,606 | 559,108 | 49,498 | 10.4 | 64% |
| 2022 | 637,675 | 642,889 | −5,214 | 8.9 | 57% |
| 2023 | 728,607 | 716,341 | 12,266 | 8.2 | 53% |
In its most recent public year (2023), this organization brought in $12,266 more than it spent. Its reserves stood at about 8.2 months of spending, down from 75.9 in 2012. Staff pay was 53% 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
Rappahannock Economic Development'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