Economic Opportunity Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,722,806 | 1,053,123 | 669,683 | 100.6 | 62% |
| 2021 | 1,181,497 | 1,429,615 | −248,118 | 81.3 | 62% |
| 2022 | 2,976,359 | 737,221 | 2,239,138 | 170.5 | 61% |
| 2023 | 2,381,313 | 1,611,273 | 770,040 | 83.7 | 69% |
In its most recent public year (2023), this organization brought in $770,040 more than it spent. Its reserves stood at about 83.7 months of spending, down from 100.6 in 2020. Staff pay was 69% of spending. $10,278,359 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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