Reach Riverside Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 75,000 | 0 | 75,000 | — | — |
| 2018 | 1,375,074 | 120,929 | 1,254,145 | 131.9 | 26% |
| 2019 | 1,458,953 | 521,465 | 937,488 | 52.2 | 41% |
| 2020 | 4,546,690 | 2,204,854 | 2,341,836 | 25.1 | 8% |
| 2021 | 42,220,664 | 15,356,885 | 26,863,779 | 24.6 | 4% |
| 2022 | 5,546,972 | 4,639,336 | 907,636 | 84.3 | 21% |
| 2023 | 10,287,857 | 5,117,143 | 5,170,714 | 88.2 | 20% |
In its most recent public year (2023), this organization brought in $5,170,714 more than it spent. Its reserves stood at about 88.2 months of spending. Staff pay was 20% of spending. $33,307,316 of its net assets are donor-restricted.
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
Reach Riverside Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works