Fair Opportunity For Change Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,982 | 8,980 | 2 | 0.0 | 0% |
| 2017 | 196,864 | 189,012 | 7,852 | 0.5 | — |
| 2018 | 565,339 | 569,117 | −3,778 | 0.0 | 11% |
| 2019 | 1,338,871 | 1,314,978 | 23,893 | 0.0 | 36% |
| 2020 | 2,224,205 | 2,192,195 | 32,010 | 0.2 | 41% |
| 2021 | 2,626,181 | 2,349,692 | 276,489 | 2.5 | 39% |
| 2022 | 2,331,373 | 2,505,658 | −174,285 | 1.2 | 44% |
| 2023 | 2,493,523 | 2,852,665 | −359,142 | -0.3 | 45% |
In its most recent public year (2023), this organization spent $359,142 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months). Staff pay was 45% 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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