Southfield Kappa Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 59,111 | 46,069 | 13,042 | 18.1 | — |
| 2017 | 138,760 | 109,308 | 29,452 | 12.3 | — |
| 2018 | 87,460 | 60,154 | 27,306 | 27.3 | — |
| 2019 | 85,888 | 68,071 | 17,817 | 32.6 | 0% |
| 2020 | 36,599 | 62,615 | −26,016 | 34.2 | — |
| 2021 | 54,308 | 50,613 | 3,695 | 44.3 | — |
| 2022 | 19,305 | 50,055 | −30,750 | 36.6 | — |
| 2023 | 47,971 | 52,492 | −4,521 | 33.9 | — |
In its most recent public year (2023), this organization spent $4,521 more than it brought in. Its reserves stood at about 33.9 months of spending, up from 18.1 in 2016.
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
Southfield Kappa Foundation'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