Rivers Edge Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 404,274 | 388,094 | 16,180 | 2.3 | 64% |
| 2012 | 480,717 | 475,027 | 5,690 | 2.0 | 64% |
| 2013 | 597,875 | 588,302 | 9,573 | 1.8 | 64% |
| 2014 | 953,041 | 912,207 | 40,834 | 1.7 | 52% |
| 2015 | 1,093,510 | 1,043,766 | 49,744 | 2.0 | 48% |
| 2016 | 1,106,767 | 1,065,216 | 41,551 | 2.4 | 51% |
| 2017 | 1,170,461 | 1,171,386 | −925 | 2.2 | 50% |
| 2018 | 1,239,426 | 1,233,529 | 5,897 | 2.2 | 51% |
| 2019 | 1,355,731 | 1,338,793 | 16,938 | 2.2 | 52% |
| 2020 | 1,537,380 | 1,508,023 | 29,357 | 2.2 | 52% |
| 2021 | 2,121,838 | 1,880,545 | 241,293 | 3.3 | 47% |
| 2022 | 2,260,129 | 2,105,677 | 154,452 | 3.8 | 50% |
| 2023 | 2,702,601 | 2,529,679 | 172,922 | 4.0 | 53% |
| 2024 | 4,121,119 | 3,238,485 | 882,634 | 6.2 | 48% |
In its most recent public year (2024), this organization brought in $882,634 more than it spent. Its reserves stood at about 6.2 months of spending, up from 2.3 in 2011. Staff pay was 48% 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 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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