Redding Fashion Alliance Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 20,135 | 10,150 | 9,985 | 11.8 | — |
| 2018 | 128,069 | 105,359 | 22,710 | 2.6 | 56% |
| 2019 | 300,309 | 162,297 | 138,012 | 11.9 | 52% |
| 2020 | 12,092 | 18,934 | −6,842 | 64.9 | 59% |
| 2021 | 252,062 | 338,186 | −86,124 | 6.9 | 53% |
| 2022 | 235,585 | 228,747 | 6,838 | 10.6 | 52% |
| 2023 | 198,615 | 192,006 | 6,609 | 12.1 | 65% |
In its most recent public year (2023), this organization brought in $6,609 more than it spent. Its reserves stood at about 12.1 months of spending. Staff pay was 65% 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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