everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Rhi Legacy Foundation Inc

Rutherfordton, NC / EIN 56-0619367 / Form 990 / latest filing 2020
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201194,982,260100,098,277−5,116,0178.640%
2012104,289,593107,925,460−3,635,8677.437%
2013102,762,688106,256,163−3,493,4757.338%
201457,666,51069,576,862−11,910,3526.737%
20153,523,8341,844,6361,679,198248.010%
20162,125,3422,037,12588,217229.79%
20171,498,6545,043,076−3,544,422102.74%
20181,577,1176,545,092−4,967,97564.83%
2019974,2242,514,172−1,539,948186.78%
2020−151,1931,699,454−1,850,647289.211%

In its most recent public year (2020), this organization spent $1,850,647 more than it brought in. Its reserves stood at about 289.2 months of spending, up from 8.6 in 2011. Staff pay was 11% 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 2020. 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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