Friends Of Royal Ottawa Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 53,525 | 53,525 | 0 | 0.5 | — |
| 2021 | 452 | 1,015 | −563 | 20.3 | — |
| 2022 | 11,765 | 2,748 | 9,017 | 46.9 | — |
| 2023 | 7,743 | 5,544 | 2,199 | 27.4 | — |
| 2024 | 107 | 4,751 | −4,644 | 19.7 | — |
In its most recent public year (2024), this organization spent $4,644 more than it brought in. Its reserves stood at about 19.7 months 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 2024. 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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