Metro Detroit Barber College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 80,164 | 78,024 | 2,140 | -0.1 | 24% |
| 2012 | 59,545 | 62,359 | −2,814 | -0.6 | — |
| 2013 | 53,741 | 63,225 | −9,484 | -2.4 | — |
| 2014 | 170,372 | 78,933 | 91,439 | 21.8 | — |
| 2015 | 194,683 | 142,115 | 52,568 | 16.6 | — |
| 2016 | 166,859 | 137,532 | 29,327 | 19.7 | — |
| 2017 | 200,199 | 201,701 | −1,502 | 1.4 | 25% |
| 2018 | 198,980 | 200,661 | −1,681 | 1.2 | 28% |
| 2019 | 211,933 | 166,033 | 45,900 | 4.8 | 62% |
| 2020 | 239,281 | 120,140 | 119,141 | 18.6 | 6% |
| 2021 | 439,470 | 500,498 | −61,028 | 3.0 | 35% |
| 2022 | 267,528 | 348,074 | −80,546 | 1.5 | 9% |
In its most recent public year (2022), this organization spent $80,546 more than it brought in. Its reserves stood at about 1.5 months of spending, up from -0.1 in 2011. Staff pay was 9% of spending.
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
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