Richmond First Tee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 741,449 | 1,232,575 | −491,126 | 30.4 | 43% |
| 2012 | 1,722,525 | 1,313,723 | 408,802 | 32.3 | 44% |
| 2013 | 1,153,904 | 1,529,067 | −375,163 | 24.8 | 45% |
| 2014 | 1,307,439 | 1,514,491 | −207,052 | 23.4 | 49% |
| 2015 | 2,290,901 | 1,640,224 | 650,677 | 26.4 | 47% |
| 2016 | 2,309,655 | 1,820,695 | 488,960 | 27.0 | 50% |
| 2017 | 1,484,262 | 1,962,535 | −478,273 | 22.1 | 46% |
| 2018 | 1,713,838 | 1,951,799 | −237,961 | 20.8 | 46% |
| 2019 | 2,136,374 | 2,046,207 | 90,167 | 20.3 | 51% |
| 2020 | 8,056,807 | 2,275,996 | 5,780,811 | 48.9 | 55% |
| 2021 | 3,399,029 | 3,831,091 | −432,062 | 27.7 | 44% |
| 2022 | 4,826,867 | 4,363,575 | 463,292 | 25.6 | 44% |
| 2023 | 6,474,600 | 4,595,583 | 1,879,017 | 29.2 | 47% |
In its most recent public year (2023), this organization brought in $1,879,017 more than it spent. Its reserves stood at about 29.2 months of spending, down from 30.4 in 2011. Staff pay was 47% of spending. $2,217,475 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
Richmond First Tee'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