Japan Business Society Of Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 804,410 | 682,132 | 122,278 | 21.0 | 23% |
| 2020 | 504,361 | 579,195 | −74,834 | 23.2 | 27% |
| 2021 | 530,452 | 460,802 | 69,650 | 31.0 | 37% |
| 2022 | 557,566 | 549,937 | 7,629 | 26.1 | 33% |
| 2023 | 593,642 | 693,822 | −100,180 | 19.0 | 26% |
In its most recent public year (2023), this organization spent $100,180 more than it brought in. Its reserves stood at about 19 months of spending, down from 21 in 2019. Staff pay was 26% 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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