Residential Opportunities Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 620,682 | 758,818 | −138,136 | 58.8 | 9% |
| 2012 | 492,902 | 346,040 | 146,862 | 37.8 | 10% |
| 2013 | 457,185 | 421,202 | 35,983 | 31.8 | 10% |
| 2014 | 422,325 | 438,457 | −16,132 | 30.1 | 11% |
| 2015 | 455,137 | 408,863 | 46,274 | 33.7 | 12% |
| 2016 | 465,676 | 448,506 | 17,170 | 31.1 | 12% |
| 2017 | 399,608 | 477,477 | −77,869 | 27.3 | 12% |
| 2018 | 376,468 | 479,730 | −103,262 | 24.6 | 10% |
| 2019 | 518,898 | 461,524 | 57,374 | 27.0 | 11% |
| 2020 | 408,869 | 558,304 | −149,435 | 19.1 | 9% |
| 2021 | 420,420 | 544,449 | −124,029 | 16.9 | 9% |
| 2022 | 446,969 | 575,133 | −128,164 | 13.3 | 6% |
| 2023 | 465,486 | 549,580 | −84,094 | 12.1 | 6% |
In its most recent public year (2023), this organization spent $84,094 more than it brought in. Its reserves stood at about 12.1 months of spending, down from 58.8 in 2011. Staff pay was 6% 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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