Risd Excellence In Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 404,290 | 438,067 | −33,777 | 5.6 | 23% |
| 2012 | 423,443 | 331,578 | 91,865 | 10.7 | 31% |
| 2013 | 469,670 | 458,627 | 11,043 | 8.0 | 25% |
| 2014 | 380,272 | 427,188 | −46,916 | 8.1 | 23% |
| 2015 | 650,425 | 600,628 | 49,797 | 6.8 | 14% |
| 2016 | 725,327 | 619,013 | 106,314 | 8.6 | 18% |
| 2017 | 516,438 | 575,150 | −58,712 | 7.5 | 19% |
| 2019 | 603,799 | 570,271 | 33,528 | 12.3 | 7% |
| 2020 | 580,843 | 529,901 | 50,942 | 14.8 | 12% |
| 2021 | 565,270 | 659,646 | −94,376 | 10.2 | 9% |
| 2022 | 669,747 | 652,153 | 17,594 | 9.4 | 0% |
| 2023 | 508,186 | 503,877 | 4,309 | 14.4 | 8% |
| 2024 | 474,705 | 538,012 | −63,307 | 12.1 | 6% |
In its most recent public year (2024), this organization spent $63,307 more than it brought in. Its reserves stood at about 12.1 months of spending, up from 5.6 in 2011. Staff pay was 6% of spending. $423,940 of its net assets are donor-restricted.
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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