River Of Life School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 173,687 | 166,767 | 6,920 | 0.5 | — |
| 2019 | 229,089 | 174,403 | 54,686 | 4.2 | 65% |
| 2020 | 227,339 | 237,704 | −10,365 | 2.6 | 63% |
| 2021 | 334,466 | 226,166 | 108,300 | 8.5 | 67% |
| 2022 | 216,299 | 219,894 | −3,595 | 8.5 | 70% |
| 2023 | 181,784 | 229,359 | −47,575 | 5.7 | 64% |
In its most recent public year (2023), this organization spent $47,575 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 0.5 in 2018. Staff pay was 64% 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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