Rising Sun Center For Opportunity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,071,159 | 2,643,491 | 427,668 | 14.7 | 55% |
| 2021 | 5,008,356 | 3,174,942 | 1,833,414 | 18.9 | 55% |
| 2022 | 5,700,140 | 4,639,525 | 1,060,615 | 15.7 | 54% |
| 2023 | 5,603,308 | 5,650,815 | −47,507 | 13.2 | 53% |
In its most recent public year (2023), this organization spent $47,507 more than it brought in. Its reserves stood at about 13.2 months of spending, down from 14.7 in 2020. Staff pay was 53% of spending. $346,000 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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