Detroit Parent Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,323,084 | 2,180,555 | 142,529 | 4.2 | 40% |
| 2011 | 3,028,154 | 2,226,325 | 801,829 | 8.4 | 51% |
| 2012 | 1,947,440 | 2,247,808 | −300,368 | 6.7 | 51% |
| 2013 | 1,993,999 | 2,313,632 | −319,633 | 4.9 | 49% |
| 2014 | 2,913,744 | 2,275,927 | 637,817 | 8.3 | 51% |
| 2015 | 1,628,353 | 2,078,347 | −449,994 | 6.5 | 52% |
| 2016 | 1,489,912 | 1,415,397 | 74,515 | 10.2 | 52% |
| 2017 | 1,080,779 | 1,193,723 | −112,944 | 10.9 | 36% |
| 2018 | 733,336 | 915,331 | −181,995 | 11.8 | 39% |
| 2019 | 410,843 | 951,924 | −541,081 | 4.6 | 32% |
| 2020 | 693,051 | 748,914 | −55,863 | 4.7 | 32% |
| 2021 | 1,316,950 | 897,357 | 419,593 | 9.8 | 25% |
| 2022 | 986,579 | 892,728 | 93,851 | 11.1 | 22% |
In its most recent public year (2022), this organization brought in $93,851 more than it spent. Its reserves stood at about 11.1 months of spending, up from 4.2 in 2010. Staff pay was 22% of spending. $855,280 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 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
Detroit Parent Network's IRS filings as a feed — one entry per filing year, through 2022. 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