Detroit Area Agency On Aging
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,570,345 | 30,464,083 | 106,262 | 0.9 | 19% |
| 2012 | 28,176,369 | 28,065,929 | 110,440 | 1.1 | 17% |
| 2013 | 29,107,142 | 28,727,419 | 379,723 | 1.1 | 19% |
| 2014 | 33,476,039 | 33,361,674 | 114,365 | 1.0 | 17% |
| 2015 | 40,472,573 | 39,851,530 | 621,043 | 1.0 | 16% |
| 2016 | 56,405,058 | 55,946,460 | 458,598 | 0.8 | 14% |
| 2017 | 69,768,954 | 66,760,930 | 3,008,024 | 1.7 | 12% |
| 2018 | 76,259,034 | 74,014,155 | 2,244,879 | 1.9 | 11% |
| 2019 | 78,041,784 | 73,990,707 | 4,051,077 | 2.5 | 11% |
| 2020 | 67,833,215 | 65,695,788 | 2,137,427 | 3.2 | 12% |
| 2021 | 72,245,269 | 67,386,493 | 4,858,776 | 4.0 | 11% |
| 2022 | 75,347,637 | 71,930,787 | 3,416,850 | 4.3 | 11% |
| 2023 | 85,384,667 | 85,784,146 | −399,479 | 3.6 | 10% |
In its most recent public year (2023), this organization spent $399,479 more than it brought in. Its reserves stood at about 3.6 months of spending, up from 0.9 in 2011. Staff pay was 10% of spending. $1,759,445 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
Detroit Area Agency On Aging'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