Rochester Area Community Foundation Initiatives Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,197,876 | 1,433,704 | −235,828 | 3.9 | 35% |
| 2012 | 1,182,594 | 1,207,615 | −25,021 | 4.5 | 48% |
| 2013 | 1,975,654 | 1,330,400 | 645,254 | 9.9 | 41% |
| 2014 | 1,880,870 | 2,076,885 | −196,015 | 5.2 | 31% |
| 2015 | 2,865,570 | 2,543,711 | 321,859 | 5.8 | 31% |
| 2016 | 3,162,994 | 2,358,208 | 804,786 | 10.4 | 30% |
| 2017 | 2,058,853 | 2,375,562 | −316,709 | 8.7 | 35% |
| 2018 | 2,527,895 | 3,116,227 | −588,332 | 4.4 | 31% |
| 2019 | 3,130,163 | 3,011,812 | 118,351 | 5.0 | 34% |
| 2020 | 2,892,801 | 2,618,348 | 274,453 | 6.9 | 32% |
| 2021 | 2,994,470 | 2,424,016 | 570,454 | 9.9 | 31% |
| 2022 | 1,668,196 | 2,281,452 | −613,256 | 7.3 | 27% |
| 2023 | 1,936,576 | 1,773,800 | 162,776 | 10.5 | 21% |
In its most recent public year (2023), this organization brought in $162,776 more than it spent. Its reserves stood at about 10.5 months of spending, up from 3.9 in 2011. Staff pay was 21% 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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