Eight Mile Boulevard Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 156,825 | 161,325 | −4,500 | 2.6 | — |
| 2020 | 122,139 | 83,114 | 39,025 | 10.0 | — |
| 2021 | 89,000 | 47,959 | 41,041 | 27.6 | — |
| 2022 | 130,720 | 164,656 | −33,936 | 5.6 | — |
| 2023 | 94,029 | 59,362 | 34,667 | 22.5 | — |
| 2024 | 79,888 | 92,062 | −12,174 | 12.9 | — |
In its most recent public year (2024), this organization spent $12,174 more than it brought in. Its reserves stood at about 12.9 months of spending, up from 2.6 in 2019.
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
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