Riverside Military Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 17,878,778 | 20,593,786 | −2,715,008 | 23.8 | 29% |
| 2013 | 25,509,797 | 22,314,490 | 3,195,307 | 21.6 | 30% |
| 2014 | 19,212,432 | 22,169,007 | −2,956,575 | 20.4 | 30% |
| 2015 | 21,947,478 | 23,024,446 | −1,076,968 | 18.9 | 30% |
| 2016 | 22,892,634 | 24,026,882 | −1,134,248 | 16.1 | 31% |
| 2017 | 23,751,087 | 25,183,497 | −1,432,410 | 16.0 | 30% |
| 2018 | 23,977,609 | 25,373,726 | −1,396,117 | 15.5 | 32% |
| 2019 | 25,553,806 | 26,284,590 | −730,784 | 14.1 | 30% |
| 2020 | 20,741,866 | 26,126,988 | −5,385,122 | 11.7 | 33% |
| 2021 | 22,073,947 | 21,744,860 | 329,087 | 15.9 | 31% |
| 2022 | 23,072,082 | 23,328,517 | −256,435 | 13.8 | 33% |
| 2023 | 15,142,871 | 22,437,051 | −7,294,180 | 10.4 | 35% |
In its most recent public year (2023), this organization spent $7,294,180 more than it brought in. Its reserves stood at about 10.4 months of spending, down from 23.8 in 2012. Staff pay was 35% of spending. $6,472,116 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
Riverside Military Academy 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