Richmond Public Schools Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 498,066 | 346,339 | 151,727 | 11.6 | 21% |
| 2012 | 518,551 | 408,360 | 110,191 | 13.0 | 19% |
| 2013 | 1,232,007 | 423,660 | 808,347 | 35.6 | 21% |
| 2014 | 1,742,173 | 1,444,177 | 297,996 | 12.9 | 7% |
| 2015 | 1,175,738 | 1,179,439 | −3,701 | 15.8 | 9% |
| 2016 | 1,066,875 | 1,215,168 | −148,293 | 13.8 | 10% |
| 2017 | 625,787 | 1,154,560 | −528,773 | 9.2 | 46% |
| 2018 | 1,087,473 | 944,856 | 142,617 | 16.1 | 46% |
| 2019 | 1,366,712 | 1,197,626 | 169,086 | 14.4 | 37% |
| 2020 | 1,384,646 | 1,984,054 | −599,408 | 5.0 | 24% |
| 2021 | 846,707 | 1,016,219 | −169,512 | 7.8 | 17% |
| 2022 | 1,170,976 | 449,658 | 721,318 | 37.0 | 27% |
| 2023 | 1,131,579 | 874,228 | 257,351 | 22.6 | 18% |
In its most recent public year (2023), this organization brought in $257,351 more than it spent. Its reserves stood at about 22.6 months of spending, up from 11.6 in 2011. Staff pay was 18% of spending. $1,414,231 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 Public Schools Education Foundation Inc'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