A R E Rico Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 52,337 | 48,937 | 3,400 | 9.3 | — |
| 2020 | 49,692 | 55,807 | −6,115 | 6.8 | — |
| 2021 | 53,708 | 57,804 | −4,096 | 5.7 | — |
| 2022 | 71,104 | 67,353 | 3,751 | 5.6 | — |
| 2023 | 61,398 | 59,257 | 2,141 | 6.8 | — |
In its most recent public year (2023), this organization brought in $2,141 more than it spent. Its reserves stood at about 6.8 months of spending, down from 9.3 in 2019.
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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