Fresno Revitalization Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 281,660 | 258,869 | 22,791 | 13.3 | 61% |
| 2021 | 388,227 | 230,466 | 157,761 | 23.2 | 65% |
| 2022 | 773,026 | 221,664 | 551,362 | 53.9 | 67% |
| 2023 | 283,560 | 248,039 | 35,521 | 40.3 | 70% |
| 2024 | 559,834 | 1,058,391 | −498,557 | 3.8 | 15% |
In its most recent public year (2024), this organization spent $498,557 more than it brought in. Its reserves stood at about 3.8 months of spending, down from 13.3 in 2020. Staff pay was 15% 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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