Armenian Community Center Of Greater Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 226,906 | 114,948 | 111,958 | 168.5 | 17% |
| 2012 | 266,811 | 143,240 | 123,571 | 145.5 | 15% |
| 2013 | 434,487 | 187,902 | 246,585 | 126.7 | 10% |
| 2014 | 399,211 | 164,247 | 234,964 | 162.1 | 12% |
| 2015 | 458,688 | 174,738 | 283,950 | 171.9 | 12% |
| 2016 | 462,627 | 195,336 | 267,291 | 170.2 | 13% |
| 2017 | 489,575 | 169,080 | 320,495 | 219.3 | 15% |
| 2018 | 465,126 | 186,552 | 278,574 | 216.2 | 15% |
| 2019 | 468,304 | 171,788 | 296,516 | 255.5 | 18% |
| 2020 | 463,084 | 228,962 | 234,122 | 203.9 | 13% |
| 2021 | 428,435 | 253,335 | 175,100 | 192.6 | 12% |
| 2022 | 497,696 | 367,563 | 130,133 | 137.0 | 8% |
| 2023 | 1,035,881 | 530,015 | 505,866 | 106.5 | 7% |
In its most recent public year (2023), this organization brought in $505,866 more than it spent. Its reserves stood at about 106.5 months of spending, down from 168.5 in 2011. Staff pay was 7% 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
Armenian Community Center Of Greater Detroit'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