I3 Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 78,841 | 61,998 | 16,843 | 18.7 | — |
| 2018 | 102,454 | 84,132 | 18,322 | 16.2 | — |
| 2019 | 150,137 | 115,292 | 34,845 | 15.6 | — |
| 2021 | 100,404 | 126,226 | −25,822 | 14.0 | — |
| 2022 | 89,010 | 116,384 | −27,374 | 12.3 | — |
In its most recent public year (2022), this organization spent $27,374 more than it brought in. Its reserves stood at about 12.3 months of spending, down from 18.7 in 2017.
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 2022. 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
I3 Detroit's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works