Detroit Public Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,136,981 | 1,396,946 | 1,740,035 | 28.8 | 30% |
| 2012 | 1,213,749 | 1,738,694 | −524,945 | 19.5 | 19% |
| 2013 | 872,810 | 1,478,166 | −605,356 | 15.9 | 24% |
| 2014 | 1,952,788 | 1,819,385 | 133,403 | 13.8 | 20% |
| 2015 | 1,110,010 | 1,706,991 | −596,981 | 10.5 | 19% |
| 2016 | 1,156,880 | 1,164,171 | −7,291 | 15.4 | 22% |
| 2017 | 1,526,058 | 1,712,554 | −186,496 | 9.1 | 19% |
| 2018 | 3,923,262 | 2,996,018 | 927,244 | 8.9 | 12% |
| 2019 | 5,070,776 | 3,334,262 | 1,736,514 | 14.3 | 13% |
| 2020 | 16,670,036 | 13,964,816 | 2,705,220 | 5.7 | 3% |
| 2021 | 6,732,219 | 8,710,877 | −1,978,658 | 6.5 | 6% |
| 2022 | 3,244,071 | 3,266,104 | −22,033 | 17.2 | 15% |
| 2023 | 4,228,262 | 3,053,774 | 1,174,488 | 23.0 | 14% |
In its most recent public year (2023), this organization brought in $1,174,488 more than it spent. Its reserves stood at about 23 months of spending, down from 28.8 in 2011. Staff pay was 14% of spending. $5,272,974 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
Detroit Public Schools Foundation'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