Chase Richards Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 249,016 | 322,507 | −73,491 | 9.7 | 0% |
| 2012 | 216,624 | 273,323 | −56,699 | 8.9 | 0% |
| 2013 | 309,845 | 184,982 | 124,863 | 21.3 | 0% |
| 2014 | 216,114 | 377,712 | −161,598 | 5.3 | 0% |
| 2015 | 203,480 | 210,230 | −6,750 | 9.2 | 0% |
| 2016 | 268,623 | 187,983 | 80,640 | 15.4 | 0% |
| 2017 | 248,817 | 175,767 | 73,050 | 21.4 | 0% |
| 2018 | 189,665 | 177,239 | 12,426 | 22.1 | 0% |
| 2019 | 282,917 | 170,083 | 112,834 | 31.0 | 0% |
| 2020 | 202,673 | 201,018 | 1,655 | 26.3 | 0% |
| 2021 | 287,618 | 234,744 | 52,874 | 25.2 | 0% |
| 2022 | 654,436 | 237,088 | 417,348 | 46.1 | 8% |
| 2023 | 553,886 | 505,575 | 48,311 | 22.8 | 4% |
In its most recent public year (2023), this organization brought in $48,311 more than it spent. Its reserves stood at about 22.8 months of spending, up from 9.7 in 2011. Staff pay was 4% 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
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