Flagship Detroit Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 182,458 | 243,821 | −61,363 | 8.8 | — |
| 2011 | 132,897 | 131,422 | 1,475 | 16.5 | — |
| 2012 | 150,425 | 134,665 | 15,760 | 17.5 | — |
| 2013 | 134,833 | 116,078 | 18,755 | 22.3 | — |
| 2014 | 104,171 | 121,266 | −17,095 | 19.6 | — |
| 2015 | 150,906 | 86,380 | 64,526 | 36.5 | — |
| 2016 | 82,499 | 105,013 | −22,514 | 27.4 | — |
| 2017 | 131,224 | 114,047 | 17,177 | 27.1 | — |
| 2018 | 146,028 | 93,702 | 52,326 | 39.7 | — |
| 2019 | 110,254 | 73,696 | 36,558 | 56.4 | — |
| 2020 | 35,617 | 55,870 | −20,253 | 70.0 | — |
| 2021 | 139,281 | 73,164 | 66,117 | 64.3 | — |
| 2022 | 107,926 | 68,758 | 39,168 | 75.3 | — |
| 2023 | 213,988 | 89,461 | 124,527 | 74.6 | 0% |
In its most recent public year (2023), this organization brought in $124,527 more than it spent. Its reserves stood at about 74.6 months of spending, up from 8.8 in 2010. Staff pay was 0% of spending.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works