Faith Homes Of Cleveland Opportunity Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 71,214 | 102,253 | −31,039 | 54.4 | 0% |
| 2012 | 83,154 | 92,205 | −9,051 | 59.4 | 0% |
| 2013 | 82,979 | 100,826 | −17,847 | 51.7 | 0% |
| 2014 | 78,024 | 92,325 | −14,301 | 53.9 | 0% |
| 2015 | 77,475 | 99,459 | −21,984 | -59.5 | 0% |
| 2016 | 85,879 | 110,706 | −24,827 | -56.4 | 0% |
| 2017 | 86,370 | 112,171 | −25,801 | -58.4 | 0% |
| 2018 | 97,857 | 129,446 | −31,589 | -53.6 | 10% |
| 2019 | 95,807 | 117,529 | −21,722 | -61.2 | 11% |
| 2020 | 98,126 | 121,633 | −23,507 | -61.5 | 11% |
| 2021 | 99,572 | 147,453 | −47,881 | -54.6 | 8% |
| 2022 | 106,979 | 129,351 | −22,372 | -63.2 | 9% |
| 2023 | 114,077 | 138,260 | −24,183 | -61.2 | 6% |
In its most recent public year (2023), this organization spent $24,183 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-61.2 months), down from 54.4 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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