Richmond Community College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 155,819 | 535,109 | −379,290 | 75.9 | 0% |
| 2012 | 209,488 | 214,498 | −5,010 | 186.2 | 0% |
| 2013 | 952,640 | 828,507 | 124,133 | 53.1 | 0% |
| 2014 | 619,864 | 432,699 | 187,165 | 118.3 | 0% |
| 2015 | 478,866 | 963,722 | −484,856 | 47.2 | 0% |
| 2016 | 303,713 | 364,881 | −61,168 | 121.0 | 0% |
| 2017 | 1,428,544 | 638,275 | 790,269 | 88.5 | 0% |
| 2018 | 409,673 | 495,586 | −85,913 | 116.4 | 0% |
| 2019 | 362,978 | 574,552 | −211,574 | 98.3 | 0% |
| 2020 | 515,799 | 568,260 | −52,461 | 98.3 | 0% |
| 2021 | 351,200 | 607,334 | −256,134 | 103.8 | 0% |
| 2022 | 676,162 | 416,223 | 259,939 | 145.7 | 0% |
| 2023 | 496,026 | 413,113 | 82,913 | 161.3 | 0% |
| 2024 | 864,318 | 473,759 | 390,559 | 166.1 | 0% |
In its most recent public year (2024), this organization brought in $390,559 more than it spent. Its reserves stood at about 166.1 months of spending, up from 75.9 in 2011. Staff pay was 0% of spending. $5,756,405 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 2024. 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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