Metropolitan Richmond Sports Backers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 5,354,744 | 5,510,731 | −155,987 | 2.2 | 27% |
| 2013 | 6,539,181 | 6,318,438 | 220,743 | 2.4 | 27% |
| 2014 | 7,201,752 | 6,962,429 | 239,323 | 2.7 | 27% |
| 2015 | 7,320,835 | 7,463,979 | −143,144 | 2.3 | 28% |
| 2016 | 6,911,885 | 6,965,674 | −53,789 | 2.4 | 30% |
| 2017 | 6,651,847 | 7,057,309 | −405,462 | 1.8 | 31% |
| 2018 | 6,991,435 | 6,756,357 | 235,078 | 2.4 | 31% |
| 2019 | 7,200,145 | 7,005,901 | 194,244 | 2.8 | 31% |
| 2020 | 4,176,522 | 5,326,178 | −1,149,656 | 0.8 | 45% |
| 2021 | 5,494,854 | 4,447,819 | 1,047,035 | 4.1 | 41% |
| 2022 | 6,713,495 | 6,639,934 | 73,561 | 2.5 | 35% |
| 2023 | 7,080,717 | 6,891,137 | 189,580 | 2.9 | 33% |
In its most recent public year (2023), this organization brought in $189,580 more than it spent. Its reserves stood at about 2.9 months of spending. Staff pay was 33% of spending. $486,821 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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