Cotillion Society Of Detroit Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 168,765 | 171,887 | −3,122 | -0.4 | — |
| 2024 | 180,837 | 179,152 | 1,685 | -0.3 | — |
In its most recent public year (2024), this organization brought in $1,685 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months).
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 2024. 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
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