Economic Opportunity Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 747,633 | 765,465 | −17,832 | 0.7 | 37% |
| 2022 | 864,482 | 823,843 | 40,639 | 1.3 | 33% |
| 2023 | 930,580 | 763,246 | 167,334 | 4.0 | 38% |
| 2024 | 650,221 | 653,144 | −2,923 | 4.7 | 41% |
In its most recent public year (2024), this organization spent $2,923 more than it brought in. Its reserves stood at about 4.7 months of spending, up from 0.7 in 2021. Staff pay was 41% 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 2024. 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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