Riverside Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,701,940 | 3,461,151 | 240,789 | -0.6 | 2% |
| 2021 | 3,291,645 | 3,711,758 | −420,113 | -2.0 | 2% |
| 2022 | 5,463,598 | 4,103,873 | 1,359,725 | 2.2 | 2% |
| 2023 | 4,981,174 | 4,526,139 | 455,035 | 3.2 | 2% |
In its most recent public year (2023), this organization brought in $455,035 more than it spent. Its reserves stood at about 3.2 months of spending, up from -0.6 in 2020. Staff pay was 2% 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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