Readsboro Hometown Redevelopment Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 111,171 | 93,570 | 17,601 | 13.2 | — |
| 2012 | 28,802 | 10,307 | 18,495 | 141.8 | — |
| 2013 | 7,978 | 8,255 | −277 | 176.6 | — |
| 2014 | 23,227 | 23,599 | −372 | 52.6 | — |
| 2015 | 6,982 | 5,777 | 1,205 | 212.5 | — |
| 2016 | 24,833 | 18,838 | 5,995 | 102.9 | — |
| 2017 | 12,902 | 17,688 | −4,786 | 106.4 | — |
| 2018 | 17,262 | 7,102 | 10,160 | 265.3 | — |
| 2019 | 51,346 | 49,658 | 1,688 | 38.0 | — |
| 2020 | 92,387 | 7,202 | 85,185 | 414.0 | — |
| 2021 | 33,025 | 28,180 | 4,845 | 107.9 | — |
| 2022 | 5,849 | 10,962 | −5,113 | 264.5 | — |
| 2023 | 12,303 | 34,906 | −22,603 | 144.5 | — |
In its most recent public year (2023), this organization spent $22,603 more than it brought in. Its reserves stood at about 144.5 months of spending, up from 13.2 in 2011.
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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