Racquet Up Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 459,015 | 203,682 | 255,333 | 18.7 | 48% |
| 2012 | 355,646 | 255,315 | 100,331 | 19.7 | 57% |
| 2013 | 412,372 | 322,793 | 89,579 | 21.5 | 57% |
| 2014 | 556,622 | 416,036 | 140,586 | 26.5 | 57% |
| 2015 | 747,947 | 525,638 | 222,309 | 26.0 | 58% |
| 2016 | 752,288 | 590,576 | 161,712 | 26.5 | 62% |
| 2017 | 907,140 | 789,161 | 117,979 | 21.6 | 63% |
| 2018 | 1,305,857 | 970,773 | 335,084 | 21.8 | 59% |
| 2019 | 1,730,912 | 973,885 | 757,027 | 31.1 | 63% |
| 2020 | 5,351,526 | 1,046,959 | 4,304,567 | 78.6 | 65% |
| 2021 | 4,152,729 | 1,196,691 | 2,956,038 | 99.2 | 65% |
| 2022 | 2,275,601 | 1,601,245 | 674,356 | 78.3 | 54% |
| 2023 | 3,931,519 | 5,508,983 | −1,577,464 | 27.4 | 19% |
In its most recent public year (2023), this organization spent $1,577,464 more than it brought in. Its reserves stood at about 27.4 months of spending, up from 18.7 in 2011. Staff pay was 19% of spending. $4,849,602 of its net assets are donor-restricted.
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
Racquet Up Detroit's IRS filings as a feed — one entry per filing year, through 2023. 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