Grand Rapids Opportunities For Women
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 408,223 | 372,840 | 35,383 | 7.6 | 51% |
| 2012 | 797,996 | 380,041 | 417,955 | 20.4 | 56% |
| 2013 | 487,283 | 432,109 | 55,174 | 13.3 | 56% |
| 2014 | 453,822 | 468,933 | −15,111 | 11.9 | 38% |
| 2015 | 459,255 | 414,869 | 44,386 | 14.7 | 53% |
| 2016 | 679,757 | 501,255 | 178,502 | 16.5 | 55% |
| 2017 | 637,236 | 519,657 | 117,579 | 18.6 | 0% |
| 2018 | 802,370 | 651,863 | 150,507 | 17.6 | 58% |
| 2019 | 941,948 | 914,257 | 27,691 | 12.9 | 49% |
| 2020 | 1,493,475 | 890,049 | 603,426 | 21.4 | 60% |
| 2021 | 848,834 | 882,761 | −33,927 | 22.4 | 58% |
| 2022 | 1,075,296 | 906,720 | 168,576 | 24.0 | 65% |
| 2023 | 1,069,006 | 876,221 | 192,785 | 26.3 | 69% |
In its most recent public year (2023), this organization brought in $192,785 more than it spent. Its reserves stood at about 26.3 months of spending, up from 7.6 in 2011. Staff pay was 69% of spending. $248,424 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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