Pomona Ecomomic Opportunity Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,174,770 | 897,324 | 277,446 | 12.1 | 45% |
| 2021 | 2,114,006 | 1,234,422 | 879,584 | 16.0 | 55% |
| 2022 | 1,978,848 | 1,707,668 | 271,180 | 15.2 | 60% |
| 2023 | 1,325,869 | 1,831,777 | −505,908 | 11.3 | 57% |
In its most recent public year (2023), this organization spent $505,908 more than it brought in. Its reserves stood at about 11.3 months of spending. Staff pay was 57% of spending. $525,000 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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