Riegel Eagle Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 308,273 | 49,896 | 258,377 | 65.1 | 0% |
| 2019 | 254,067 | 342,235 | −88,168 | 6.4 | 0% |
| 2020 | 5,500 | 39,270 | −33,770 | 45.5 | 0% |
| 2021 | 0 | 50,150 | −50,150 | 23.6 | 0% |
| 2022 | 0 | 88,695 | −88,695 | 1.4 | 0% |
| 2023 | 0 | 3,524 | −3,524 | 22.2 | 0% |
In its most recent public year (2023), this organization spent $3,524 more than it brought in. Its reserves stood at about 22.2 months of spending, down from 65.1 in 2018. Staff pay was 0% 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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