Racine County Opportunity Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,518,986 | 2,733,140 | −214,154 | 2.3 | 71% |
| 2021 | 3,486,444 | 2,864,461 | 621,983 | 4.8 | 71% |
| 2022 | 3,402,954 | 3,366,055 | 36,899 | 4.2 | 70% |
| 2023 | 3,654,303 | 3,772,230 | −117,927 | 3.4 | 70% |
In its most recent public year (2023), this organization spent $117,927 more than it brought in. Its reserves stood at about 3.4 months of spending, up from 2.3 in 2020. Staff pay was 70% of spending. $144,920 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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