Rising Stars Foundation Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 562,147 | 527,592 | 34,555 | 2.3 | 70% |
| 2021 | 566,725 | 564,950 | 1,775 | 2.2 | 71% |
| 2022 | 599,328 | 661,343 | −62,015 | 0.8 | 69% |
| 2023 | 834,203 | 823,746 | 10,457 | 0.8 | 62% |
In its most recent public year (2023), this organization brought in $10,457 more than it spent. Its reserves stood at about 0.8 months of spending, down from 2.3 in 2020. Staff pay was 62% 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 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
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