Rapid Island Water Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 596,441 | 612,181 | −15,740 | 43.0 | 35% |
| 2013 | 673,001 | 666,279 | 6,722 | 39.7 | 30% |
| 2014 | 658,105 | 649,207 | 8,898 | 40.9 | 29% |
| 2015 | 665,498 | 605,069 | 60,429 | 45.0 | 33% |
| 2016 | 678,726 | 656,007 | 22,719 | 42.0 | 34% |
| 2017 | 684,275 | 654,844 | 29,431 | 42.6 | 33% |
| 2018 | 780,450 | 637,560 | 142,890 | 46.4 | 32% |
| 2019 | 1,166,990 | 887,811 | 279,179 | 37.1 | 24% |
| 2020 | 1,876,355 | 1,067,184 | 809,171 | 40.0 | 19% |
| 2021 | 1,125,323 | 1,180,473 | −55,150 | 35.6 | 18% |
| 2022 | 1,055,026 | 1,324,889 | −269,863 | 29.3 | 17% |
| 2023 | 1,059,455 | 1,269,671 | −210,216 | 28.5 | 23% |
| 2024 | 1,064,205 | 1,292,361 | −228,156 | 25.9 | 23% |
In its most recent public year (2024), this organization spent $228,156 more than it brought in. Its reserves stood at about 25.9 months of spending, down from 43 in 2012. Staff pay was 23% 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
Rapid Island Water Association Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works