Monet Richardson Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 31,716 | 12,636 | 19,080 | 18.1 | — |
| 2023 | 41,330 | 23,514 | 17,816 | 18.8 | — |
| 2024 | 41,577 | 37,097 | 4,480 | 13.4 | — |
In its most recent public year (2024), this organization brought in $4,480 more than it spent. Its reserves stood at about 13.4 months of spending, down from 18.1 in 2022.
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 2024. 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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