Rio Grande Valley Empowerment Zone Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,006,602 | 1,072,210 | −65,608 | -2.9 | 27% |
| 2012 | 745,937 | 830,421 | −84,484 | -5.0 | 34% |
| 2013 | 734,165 | 862,840 | −128,675 | -6.1 | 37% |
| 2014 | 952,990 | 1,071,213 | −118,223 | 7.5 | 0% |
| 2015 | 713,425 | 943,211 | −229,786 | 10.1 | 47% |
| 2016 | 951,680 | 1,216,787 | −265,107 | 8.5 | 48% |
| 2017 | 1,614,777 | 1,762,628 | −147,851 | 4.9 | 42% |
| 2018 | 2,032,258 | 2,124,575 | −92,317 | 3.5 | 0% |
| 2019 | 1,977,207 | 2,044,370 | −67,163 | 3.3 | 0% |
| 2020 | 1,701,548 | 1,743,899 | −42,351 | 3.6 | 0% |
| 2021 | 1,306,475 | 1,334,474 | −27,999 | 4.4 | 0% |
| 2022 | 753,879 | 787,848 | −33,969 | 7.0 | 0% |
| 2023 | 838,194 | 878,892 | −40,698 | 5.7 | 0% |
In its most recent public year (2023), this organization spent $40,698 more than it brought in. Its reserves stood at about 5.7 months of spending, up from -2.9 in 2011. Staff pay was 0% 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
Rio Grande Valley Empowerment Zone Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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