Riviera Tennis Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 58,199 | 42,937 | 15,262 | 17.9 | — |
| 2020 | 30,279 | 36,482 | −6,203 | 19.0 | — |
| 2021 | 35,628 | 17,215 | 18,413 | 53.2 | — |
| 2022 | 56,449 | 45,426 | 11,023 | 23.1 | — |
| 2023 | 35,085 | 49,091 | −14,006 | 17.9 | — |
In its most recent public year (2023), this organization spent $14,006 more than it brought in. Its reserves stood at about 17.9 months 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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