Research Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,608,810 | 4,947,228 | 661,582 | 32.9 | 7% |
| 2012 | 5,010,644 | 5,164,621 | −153,977 | 33.2 | 7% |
| 2013 | 5,641,502 | 4,737,330 | 904,172 | 44.4 | 7% |
| 2014 | 6,900,288 | 4,445,216 | 2,455,072 | 53.6 | 8% |
| 2015 | 7,748,989 | 4,840,753 | 2,908,236 | 54.4 | 7% |
| 2016 | 7,494,154 | 4,901,169 | 2,592,985 | 64.6 | 10% |
| 2017 | 20,700,994 | 15,295,608 | 5,405,386 | 25.5 | 3% |
| 2018 | 9,655,031 | 10,626,293 | −971,262 | 33.1 | 5% |
| 2019 | 13,721,364 | 11,082,847 | 2,638,517 | 37.8 | 5% |
| 2020 | 11,874,968 | 12,772,992 | −898,024 | 32.7 | 4% |
| 2021 | 15,306,815 | 11,210,876 | 4,095,939 | 45.1 | 5% |
| 2022 | 5,465,008 | 12,137,887 | −6,672,879 | 37.1 | 5% |
| 2023 | 4,800,082 | 16,802,510 | −12,002,428 | 19.9 | 4% |
In its most recent public year (2023), this organization spent $12,002,428 more than it brought in. Its reserves stood at about 19.9 months of spending, down from 32.9 in 2011. Staff pay was 4% of spending. $10,817,339 of its net assets are donor-restricted.
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
Research Development Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works