Residential Opportunities Incorporated
Kalamazoo, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $25,805,708↓12% | $25,769,504↑6% | $22,559,749↑5% | |
| 2022 | $29,208,902↑28% | $24,323,303↑8% | $21,435,569↑32% | — |
| 2021 | $22,879,423↓3% | $22,440,666↓2% | $16,222,906 | — |
| 2020 | $23,668,717↑13% | $22,955,902↑13% | $16,267,599↑10% | — |
| 2019 | $20,901,094↑1% | $20,264,101↑1% | $14,768,884↑4% | — |
| 2018 | $20,675,630↑3% | $20,144,074↑2% | $14,165,234↑7% | — |
| 2017 | $20,137,493 | $19,807,782↑1% | $13,196,646↑1% | — |
| 2016 | $20,086,970↑2% | $19,527,265↑3% | $13,120,331↑9% | — |
| 2015 | $19,607,285↑7% | $18,894,959↑8% | $12,030,705↑7% | — |
| 2014 | $18,373,862 | $17,515,008 | $11,284,927↑6% | — |
| 2013 | $18,355,669↑9% | $17,568,118↑3% | $10,608,607↑9% | — |
| 2012 | $16,880,005↑5% | $17,012,790↑13% | $9,727,772↑31% | — |
| 2011 | $16,143,121 | $15,029,437 | $7,412,202 | — |
Frequently Asked Questions
What does Residential Opportunities Incorporated do?▼
Residential Opportunities Incorporated is a human services nonprofit organization based in Michigan. It is classified under NTEE code P73Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Residential Opportunities Incorporated financially healthy?▼
Based on our 9-metric Financial Health Score model, Residential Opportunities Incorporated has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Residential Opportunities Incorporated generate?▼
Residential Opportunities Incorporated reports $29.9M in annual revenue and holds $23.0M in total assets, based on IRS filings.
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