Detroit Area Pre College Engineering Program Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,224,080 | 3,544,319 | −320,239 | 5.6 | 9% |
| 2012 | 3,472,170 | 3,455,084 | 17,086 | 5.8 | 13% |
| 2013 | 1,467,595 | 1,787,547 | −319,952 | 8.9 | 28% |
| 2014 | 1,855,100 | 2,052,249 | −197,149 | 6.7 | 30% |
| 2015 | 1,345,425 | 1,815,775 | −470,350 | 4.4 | 34% |
| 2016 | 2,056,233 | 1,792,909 | 263,324 | 6.3 | 32% |
| 2017 | 2,330,004 | 2,229,825 | 100,179 | 5.6 | 25% |
| 2018 | 1,997,013 | 2,337,103 | −340,090 | 3.6 | 25% |
| 2019 | 1,488,894 | 1,699,014 | −210,120 | 3.6 | 35% |
| 2020 | 1,617,789 | 1,409,367 | 208,422 | 6.1 | 38% |
| 2021 | 2,694,329 | 2,215,316 | 479,013 | 6.2 | 28% |
| 2022 | 2,293,865 | 2,249,144 | 44,721 | 6.2 | 34% |
| 2023 | 2,456,501 | 2,443,064 | 13,437 | 5.9 | 32% |
In its most recent public year (2023), this organization brought in $13,437 more than it spent. Its reserves stood at about 5.9 months of spending. Staff pay was 32% of spending. $682,508 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
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