Royal Oak Non-Profit Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 1,268,905 | 1,357,126 | −88,221 | 5.2 | 0% |
| 2010 | 1,244,146 | 1,219,635 | 24,511 | 6.1 | 0% |
| 2011 | 1,287,638 | 1,377,900 | −90,262 | 4.6 | 0% |
| 2012 | 1,230,878 | 1,293,310 | −62,432 | 4.3 | 0% |
| 2013 | 1,279,786 | 1,423,362 | −143,576 | 10.8 | 0% |
| 2014 | 1,331,120 | 1,431,092 | −99,972 | 1.8 | 0% |
| 2015 | 1,363,726 | 1,463,198 | −99,472 | 1.0 | 0% |
| 2016 | 1,380,117 | 1,489,622 | −109,505 | 0.1 | 0% |
| 2017 | 1,400,761 | 1,549,488 | −148,727 | -1.1 | 0% |
| 2018 | 1,469,657 | 1,483,044 | −13,387 | -1.2 | 0% |
| 2019 | 1,522,990 | 1,512,240 | 10,750 | -1.1 | 0% |
| 2020 | 796,187 | 916,866 | −120,679 | -3.1 | 0% |
| 2021 | 1,888,362 | 1,636,734 | 251,628 | -0.7 | 0% |
| 2022 | 1,805,764 | 2,164,425 | −358,661 | -2.5 | 0% |
| 2023 | 2,107,789 | 2,679,800 | −572,011 | -4.6 | 0% |
In its most recent public year (2023), this organization spent $572,011 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.6 months), down from 5.2 in 2009. Staff pay was 0% 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
Royal Oak Non-Profit Housing Corporation'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