Detroit Ringo Kai
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,718,545 | 1,567,267 | 151,278 | 12.5 | 63% |
| 2013 | 1,727,673 | 1,546,670 | 181,003 | 14.1 | 63% |
| 2014 | 1,804,084 | 1,635,483 | 168,601 | 14.5 | 63% |
| 2015 | 1,923,709 | 1,977,357 | −53,648 | 11.7 | 65% |
| 2016 | 2,005,780 | 2,058,509 | −52,729 | 10.9 | 59% |
| 2017 | 1,994,492 | 2,144,611 | −150,119 | 9.7 | 59% |
| 2018 | 2,036,966 | 2,205,466 | −168,500 | 8.4 | 59% |
| 2019 | 2,082,299 | 2,261,152 | −178,853 | 7.3 | 61% |
| 2020 | 2,180,744 | 2,256,860 | −76,116 | 7.0 | 66% |
| 2021 | 1,373,728 | 1,517,192 | −143,464 | 9.2 | 73% |
| 2022 | 2,304,072 | 1,860,313 | 443,759 | 12.1 | 62% |
| 2023 | 2,069,003 | 1,855,357 | 213,646 | 13.5 | 60% |
| 2024 | 1,985,160 | 1,898,568 | 86,592 | 13.8 | 59% |
In its most recent public year (2024), this organization brought in $86,592 more than it spent. Its reserves stood at about 13.8 months of spending, up from 12.5 in 2012. Staff pay was 59% of spending. $882,116 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 2024. 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 Ringo Kai's IRS filings as a feed — one entry per filing year, through 2024. 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