Richmond Neighborhood Stabilization Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 119,512 | 293,368 | −173,856 | 27.7 | 0% |
| 2019 | 866 | 0 | 866 | — | — |
| 2022 | 2 | 57,580 | −57,578 | 15.8 | 43% |
| 2023 | 4,096 | 10,047 | −5,951 | 83.5 | 12% |
In its most recent public year (2023), this organization spent $5,951 more than it brought in. Its reserves stood at about 83.5 months of spending, up from 27.7 in 2016. Staff pay was 12% 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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