Detroit Racquet Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 247,152 | 278,529 | −31,377 | 3.5 | 22% |
| 2021 | 274,849 | 232,750 | 42,099 | 6.3 | 26% |
| 2022 | 275,990 | 273,737 | 2,253 | 4.6 | 22% |
| 2023 | 301,750 | 295,732 | 6,018 | 5.3 | 21% |
In its most recent public year (2023), this organization brought in $6,018 more than it spent. Its reserves stood at about 5.3 months of spending, up from 3.5 in 2020. Staff pay was 21% 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
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