Racine Area Communiyt Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 25,270 | 18,643 | 6,627 | 32.1 | — |
| 2019 | 31,370 | 35,613 | −4,243 | 15.4 | — |
| 2020 | 25,939 | 20,985 | 4,954 | 28.9 | — |
| 2021 | 33,646 | 28,993 | 4,653 | 22.9 | — |
| 2022 | 34,857 | 34,132 | 725 | 19.7 | — |
In its most recent public year (2022), this organization brought in $725 more than it spent. Its reserves stood at about 19.7 months of spending, down from 32.1 in 2018.
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 2022. 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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