Metro Detroit Electrical Industry Training Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 827,744 | 864,695 | −36,951 | 84.8 | 18% |
| 2021 | 3,550,303 | 3,420,033 | 130,270 | 21.9 | 37% |
| 2022 | 4,078,872 | 3,707,801 | 371,071 | 21.4 | 36% |
| 2023 | 4,423,902 | 4,608,683 | −184,781 | 16.7 | 40% |
In its most recent public year (2023), this organization spent $184,781 more than it brought in. Its reserves stood at about 16.7 months of spending, down from 84.8 in 2020. Staff pay was 40% 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 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
Metro Detroit Electrical Industry Training Center Inc'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