funder logo

REGIONAL OPPORTUNITY INITIATIVES INC

REGIONAL OPPORTUNITY INITIATIVES INC

BLOOMINGTON, IN, US
501(c)(3)
EIN
47-4832157
Regional Funder
funder logo

REGIONAL OPPORTUNITY INITIATIVES INC

BLOOMINGTON, IN, US
501(c)(3)
EIN
47-4832157
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$16,225,577

Government Grants
79%
Contributions
20%
Investments
1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$14,490,931

Other
91%
Salaries & Benefits
8%
Fees to Service Providers
<1%
Grants
<1%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$176,205
$3,166,493
+1697%
Government Grants
$763,836
$12,888,181
+1587%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$193,104
$169,628
-12%
Other
$2,585
$1,275
-51%
Total Revenues
$1,135,730
$16,225,577
+1329%
Expenses
2023
2024
Change
Grants
$6,185,343
$80,250
-99%
Benefits to Members
$0
$0
-
Salaries & Benefits
$781,167
$1,101,596
+41%
Fees to Service Providers
$672,365
$110,087
-84%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$53,102
$60,292
+14%
Interest
$0
$0
-
Depreciation
$2,491
$4,011
+61%
Other
$333,434
$13,134,695
+3839%
Total Expenses
$8,027,902
$14,490,931
+81%
Net income
2023
2024
Change
Net income
-$6,892,172
+$1,734,646
-125%
Functional Expenses
Summary
2023
2024
Change
Program
$7,685,476
$13,984,588
+82%
Admin
$300,075
$403,383
+34%
Fundraising
$42,351
$102,960
+143%
Total Expenses
$8,027,902
$14,490,931
+81%
Income Statement
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