Richmond Friends Of Recreation C/O Walter E Faverso
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,279 | 63,675 | −33,396 | 3.1 | — |
| 2012 | 47,447 | 25,833 | 21,614 | 17.7 | — |
| 2014 | 36,496 | 20,518 | 15,978 | 15.6 | — |
| 2015 | 524,170 | 536,517 | −12,347 | 0.3 | 16% |
| 2016 | 25,345 | 31,466 | −6,121 | 3.3 | — |
| 2017 | 181,516 | 161,121 | 20,395 | 2.2 | — |
| 2018 | 181,123 | 196,073 | −14,950 | 0.9 | — |
| 2019 | 33,150 | 40,366 | −7,216 | 2.1 | — |
| 2020 | 10,356 | 8,468 | 1,888 | 12.5 | — |
| 2021 | 23,346 | 11,832 | 11,514 | 20.6 | — |
| 2022 | 26,287 | 4,663 | 21,624 | 108.0 | — |
In its most recent public year (2022), this organization brought in $21,624 more than it spent. Its reserves stood at about 108 months of spending, up from 3.1 in 2011.
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 2022. 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
Richmond Friends Of Recreation C/O Walter E Faverso's IRS filings as a feed — one entry per filing year, through 2022. 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