Detroit Public Safety Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,979,360 | 1,802,807 | 176,553 | 7.8 | 7% |
| 2021 | 3,608,871 | 2,648,035 | 960,836 | 9.7 | 10% |
| 2022 | 2,741,074 | 2,731,145 | 9,929 | 9.4 | 10% |
| 2023 | 3,163,451 | 3,346,935 | −183,484 | 7.0 | 9% |
In its most recent public year (2023), this organization spent $183,484 more than it brought in. Its reserves stood at about 7 months of spending. Staff pay was 9% of spending. $1,602,492 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
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