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Regional Opportunity Initiatives
Regional Opportunity Initiatives reported $14.6 million in revenue and $11.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $93.94 went to program services, $5.30 to management and general costs and $0.76 to fundraising. Its largest source of revenue was contributions and grants: 98.4% of the total. Government grants made up 72.9%. The highest compensation it reported for one person was $191,469 (DIRECTOR). Revenue rose 3657% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.9% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.3% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.8% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 98.4% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 72.9% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.3% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $191,469 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.64% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 0 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 7.2 | 56.6 |
| Independent voting board members Part VI 1a–1b | 17 of 18 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThrough an initial grant through lilly endowment inc., the organization is implementing an education and workforce plan and Regional Opportunity fund for quality-of-place investments. They are deploying a plan focused on connecting education to industry and creating a local workforce that is prepared for the demands of employers. As part of this effort, roi is conducting a comprehensive and ongoing occupational needs assessment within the region, initially focused on life sciences, advanced manufacturing and national security and defense sectors. The results of the occupational needs…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Officer, 20.00 hrs/week | $88,850 | $95,792 | $6,827 | $191,469 |
0 people received more than $100,000 in reportable compensation from Regional Opportunity Initiatives (Part VII, line 2). Compensation of current officers, directors and key employees totaled $101K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b18 · 17 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 516
- Volunteers Part I, line 620
Private foundation grants it received
1 private foundation reported grants to Regional Opportunity Initiatives totaling $2.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Regional Opportunity Initiatives's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Regional Opportunity Initiatives, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Regional Opportunity Initiatives spent in FY2025, $93.94 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Community Foundation of Greater New BritainNew Britain, CT · revenue $15M · programs 80.2% · 2025
- Kennedy Krieger FoundationBaltimore, MD · revenue $15M · programs 59.2% · FY2025
- Scintilla Charter AcademyValdosta, GA · revenue $15M · programs 89.9% · FY2025
- The Ohio Masonic Home Benevolent Endowment FoundationSpringfield, OH · revenue $15M · programs 17.3% · 2024
- Starability FoundationNaples, FL · revenue $14M · programs 81.7% · FY2025
All philanthropy, voluntarism & grantmaking charities · Largest charities in Indiana
Questions people ask
How much of Regional Opportunity Initiatives's spending goes to programs?
In the fiscal year ending June 30, 2025, Regional Opportunity Initiatives reported that 93.9% of its $11.7 million in expenses went to program services, 5.3% to management and general and 0.8% to fundraising (Form 990, Part IX).
How much does Regional Opportunity Initiatives pay its top executive?
The largest total compensation Regional Opportunity Initiatives reported for one person in the fiscal year ending June 30, 2025 was $191,469, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Regional Opportunity Initiatives get its money?
Of $14.6 million in revenue in the fiscal year ending June 30, 2025, 98.4% came from contributions and grants (including 72.9% from government grants) and 0.3% from program service revenue (Form 990, Part VIII).
Is Regional Opportunity Initiatives a registered charity?
The IRS lists EIN 47-4832157 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610799349301221 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349306480 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440819349300104 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301079349301310 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241059349300724 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120769349300302 · read the filing
All filings for EIN 47-4832157: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.