Greater Detroit Armenian Senior Citizens Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,026,786 | 949,796 | 76,990 | 5.2 | 1% |
| 2012 | 1,038,259 | 954,525 | 83,734 | 6.3 | 0% |
| 2013 | 1,094,533 | 951,250 | 143,283 | 8.1 | 0% |
| 2014 | 1,088,359 | 995,737 | 92,622 | 8.8 | 0% |
| 2015 | 1,311,360 | 1,016,879 | 294,481 | 12.1 | 0% |
| 2016 | 1,246,909 | 989,807 | 257,102 | 15.5 | 0% |
| 2017 | 1,287,024 | 1,020,291 | 266,733 | 18.2 | 0% |
| 2018 | 1,301,811 | 996,970 | 304,841 | 22.3 | 0% |
| 2019 | 1,327,615 | 985,201 | 342,414 | 26.7 | 0% |
| 2020 | 1,349,647 | 980,785 | 368,862 | 31.3 | 0% |
| 2021 | 1,511,846 | 961,967 | 549,879 | 38.8 | 2% |
| 2022 | 1,607,799 | 1,005,026 | 602,773 | 44.3 | 1% |
| 2023 | 1,730,163 | 1,089,415 | 640,748 | 48.0 | 0% |
In its most recent public year (2023), this organization brought in $640,748 more than it spent. Its reserves stood at about 48 months of spending, up from 5.2 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
Greater Detroit Armenian Senior Citizens Corporation'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