Romeoville Gateway Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,325 | 45,438 | 4,887 | 1.1 | — |
| 2021 | 53,656 | 52,504 | 1,152 | 1.2 | — |
| 2022 | 54,516 | 42,090 | 12,426 | 5.1 | — |
| 2023 | 47,510 | 32,714 | 14,796 | 11.9 | — |
In its most recent public year (2023), this organization brought in $14,796 more than it spent. Its reserves stood at about 11.9 months of spending, up from 1.1 in 2020.
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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