Cleveland Opportunity Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 141,430 | 54,871 | 86,559 | 22.6 | — |
| 2023 | 239,735 | 237,759 | 1,976 | 5.3 | 0% |
| 2024 | 134,599 | 158,498 | −23,899 | 6.2 | 0% |
In its most recent public year (2024), this organization spent $23,899 more than it brought in. Its reserves stood at about 6.2 months of spending, down from 22.6 in 2022. Staff pay was 0% 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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