Richmond-Ermet Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 260,987 | 265,283 | −4,296 | 6.2 | 23% |
| 2012 | 294,552 | 350,187 | −55,635 | 2.9 | 17% |
| 2013 | 300,182 | 310,465 | −10,283 | 3.0 | 23% |
| 2014 | 297,313 | 280,510 | 16,803 | 3.4 | 20% |
| 2015 | 395,823 | 430,689 | −34,866 | 1.2 | 14% |
| 2016 | 431,459 | 336,977 | 94,482 | 4.9 | 18% |
| 2017 | 465,833 | 511,072 | −45,239 | 1.1 | 12% |
| 2018 | 473,188 | 422,394 | 50,794 | 2.8 | 14% |
| 2019 | 482,480 | 479,632 | 2,848 | 2.5 | 13% |
| 2020 | 198,382 | 200,210 | −1,828 | 5.9 | — |
| 2021 | 183,577 | 192,961 | −9,384 | 5.5 | — |
| 2022 | 330,696 | 325,301 | 5,395 | 3.5 | 18% |
| 2023 | 357,229 | 426,864 | −69,635 | 0.7 | 14% |
In its most recent public year (2023), this organization spent $69,635 more than it brought in. Its reserves stood at about 0.7 months of spending, down from 6.2 in 2011. Staff pay was 14% 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
Richmond-Ermet 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