Detroit Chinese Business Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 182,517 | 185,415 | −2,898 | 3.1 | — |
| 2012 | 163,777 | 165,420 | −1,643 | 3.3 | — |
| 2013 | 147,018 | 137,207 | 9,811 | 4.8 | — |
| 2014 | 212,205 | 182,562 | 29,643 | 5.5 | 22% |
| 2015 | 283,416 | 246,439 | 36,977 | 5.9 | 22% |
| 2016 | 243,632 | 253,202 | −9,570 | 5.3 | 22% |
| 2017 | 255,273 | 264,255 | −8,982 | 4.7 | 23% |
| 2018 | 347,261 | 273,979 | 73,282 | 7.7 | 22% |
| 2019 | 306,517 | 291,130 | 15,387 | 7.9 | 23% |
| 2020 | 209,491 | 226,985 | −17,494 | 9.5 | 21% |
| 2021 | 87,159 | 80,297 | 6,862 | 27.8 | 1% |
| 2022 | 148,265 | 129,790 | 18,475 | 18.9 | 0% |
| 2023 | 166,490 | 195,467 | −28,977 | 10.8 | 0% |
In its most recent public year (2023), this organization spent $28,977 more than it brought in. Its reserves stood at about 10.8 months of spending, up from 3.1 in 2011. Staff pay was 0% 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
Detroit Chinese Business Association'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