Richmond Irrigation & Power Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 26,079 | 24,129 | 1,950 | 853.2 | 0% |
| 2019 | 305,038 | 529,603 | −224,565 | 33.8 | 8% |
| 2020 | 358,467 | 532,880 | −174,413 | 29.7 | 8% |
| 2021 | 298,527 | 532,657 | −234,130 | 24.4 | 7% |
| 2022 | 375,070 | 527,039 | −151,969 | 21.2 | 5% |
| 2023 | 326,069 | 553,215 | −227,146 | 15.3 | 5% |
In its most recent public year (2023), this organization spent $227,146 more than it brought in. Its reserves stood at about 15.3 months of spending, down from 853.2 in 2018. Staff pay was 5% 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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