South City Opportunity Revitalization Empowerment
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 13,075 | 13,075 | 0 | 0.0 | — |
| 2020 | 92,484 | 41,682 | 50,802 | 14.6 | — |
| 2021 | 184,374 | 164,206 | 20,168 | 9.9 | — |
| 2022 | 177,695 | 150,968 | 26,727 | 5.3 | — |
| 2023 | 572,479 | 224,979 | 347,500 | 23.2 | 44% |
| 2024 | 228,747 | 344,519 | −115,772 | 12.8 | 40% |
In its most recent public year (2024), this organization spent $115,772 more than it brought in. Its reserves stood at about 12.8 months of spending, up from 0 in 2019. Staff pay was 40% 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
South City Opportunity Revitalization Empowerment's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works