Riverfield Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,942,797 | 2,717,019 | 225,778 | 13.1 | 62% |
| 2022 | 2,888,343 | 2,794,920 | 93,423 | 13.1 | 63% |
| 2023 | 4,104,193 | 2,992,748 | 1,111,445 | 16.7 | 60% |
| 2024 | 3,253,048 | 2,698,257 | 554,791 | 21.0 | 63% |
In its most recent public year (2024), this organization brought in $554,791 more than it spent. Its reserves stood at about 21 months of spending, up from 13.1 in 2021. Staff pay was 63% 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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