Detroit Impact Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 154,287 | 152,438 | 1,849 | 0.0 | — |
| 2012 | 306,675 | 296,872 | 9,803 | 0.4 | 7% |
| 2013 | 228,027 | 239,241 | −11,214 | -0.1 | 5% |
| 2014 | 221,252 | 248,808 | −27,556 | -1.4 | 10% |
| 2015 | 285,028 | 263,042 | 21,986 | -0.3 | 0% |
| 2016 | 359,502 | 342,859 | 16,643 | 0.3 | 0% |
| 2017 | 287,783 | 298,689 | −10,906 | -0.1 | 0% |
| 2018 | 177,238 | 147,196 | 30,042 | 1.8 | 0% |
| 2019 | 113,853 | 142,941 | −29,088 | -0.6 | 0% |
| 2020 | 168,563 | 130,418 | 38,145 | 2.9 | 0% |
| 2021 | 139,839 | 143,597 | −3,758 | 2.3 | 0% |
| 2022 | 334,986 | 345,458 | −10,472 | 0.6 | 0% |
| 2023 | 235,967 | 243,000 | −7,033 | 0.6 | 0% |
In its most recent public year (2023), this organization spent $7,033 more than it brought in. Its reserves stood at about 0.6 months of spending. Staff pay was 0% of spending.
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 Impact 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