Southwest Detroit Business Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,068,601 | 1,053,712 | 14,889 | 34.4 | 41% |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 1,120,293 | 910,672 | 209,621 | 50.2 | 34% |
| 2014 | 929,773 | 1,600,483 | −670,710 | 23.0 | 1% |
| 2015 | 1,097,476 | 840,694 | 256,782 | 47.5 | 31% |
| 2016 | 1,089,067 | 1,007,276 | 81,791 | 40.6 | 29% |
| 2017 | 1,037,894 | 1,044,111 | −6,217 | 39.1 | 42% |
| 2018 | 977,586 | 1,277,775 | −300,189 | 45.5 | 30% |
| 2019 | 1,848,467 | 1,598,188 | 250,279 | 35.4 | 22% |
| 2020 | 1,129,354 | 1,430,615 | −301,261 | 37.0 | 18% |
| 2021 | 1,252,239 | 1,884,917 | −632,678 | 11.2 | 22% |
| 2022 | 1,257,069 | 1,599,977 | −342,908 | 11.5 | 24% |
| 2023 | 1,406,193 | 1,803,274 | −397,081 | 7.6 | 24% |
In its most recent public year (2023), this organization spent $397,081 more than it brought in. Its reserves stood at about 7.6 months of spending, down from 34.4 in 2011. Staff pay was 24% of spending. $222,711 of its net assets are donor-restricted.
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
Southwest Detroit Business Association Inc'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