everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Residential Opportunities Incorporated

Kalamazoo, MI / EIN 38-2185735 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201116,143,12115,029,4371,113,6840.566%
201216,880,00517,012,790−132,7852.366%
201318,355,66917,568,118787,5512.866%
201418,373,86217,515,008858,8543.467%
201519,607,28518,894,959712,3263.667%
201620,086,97019,527,265559,7053.868%
201720,137,49319,807,782329,7114.068%
201820,675,63020,144,074531,5564.268%
201920,901,09420,264,101636,9934.668%
202023,668,71722,955,902712,8154.471%
202122,879,42322,440,666438,7574.82%
202229,208,90224,323,3034,885,5996.83%
202325,805,70825,769,50436,2046.462%

In its most recent public year (2023), this organization brought in $36,204 more than it spent. Its reserves stood at about 6.4 months of spending, up from 0.5 in 2011. Staff pay was 62% of spending. $3,530,613 of its net assets are donor-restricted.

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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