Opportunities Industrialization Center Of Washington
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,904,706 | 10,885,273 | 19,433 | 12.4 | 34% |
| 2021 | 14,588,823 | 14,836,234 | −247,411 | 9.3 | 26% |
| 2022 | 16,504,325 | 16,782,491 | −278,166 | 7.3 | 28% |
| 2023 | 21,567,084 | 21,455,008 | 112,076 | 6.2 | 29% |
In its most recent public year (2023), this organization brought in $112,076 more than it spent. Its reserves stood at about 6.2 months of spending, down from 12.4 in 2020. Staff pay was 29% 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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