Neighbors Educational Opportunities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,724,255 | 2,675,529 | 48,726 | 2.1 | 54% |
| 2021 | 3,051,279 | 2,684,541 | 366,738 | 3.8 | 54% |
| 2022 | 2,775,179 | 2,718,247 | 56,932 | 4.0 | 54% |
| 2023 | 3,392,058 | 2,797,522 | 594,536 | 6.4 | 51% |
In its most recent public year (2023), this organization brought in $594,536 more than it spent. Its reserves stood at about 6.4 months of spending, up from 2.1 in 2020. Staff pay was 51% 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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