Homeless Action Network Of Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 491,732 | 470,080 | 21,652 | 8.9 | 0% |
| 2012 | 642,661 | 523,400 | 119,261 | 10.7 | 0% |
| 2013 | 726,139 | 857,424 | −131,285 | 4.7 | 0% |
| 2014 | 876,545 | 878,901 | −2,356 | 4.6 | 0% |
| 2015 | 1,170,994 | 1,052,125 | 118,869 | 5.2 | 0% |
| 2016 | 1,356,853 | 1,375,251 | −18,398 | 3.8 | 0% |
| 2017 | 972,503 | 972,901 | −398 | 6.5 | 0% |
| 2018 | 987,009 | 966,331 | 20,678 | 6.4 | 0% |
| 2019 | 969,728 | 901,872 | 67,856 | 7.2 | 0% |
| 2020 | 1,299,703 | 1,051,578 | 248,125 | 9.0 | 0% |
| 2021 | 19,209,169 | 19,390,307 | −181,138 | 0.4 | 0% |
| 2022 | 159,490,171 | 158,309,868 | 1,180,303 | 0.1 | 0% |
| 2023 | 109,597,788 | 109,928,665 | −330,877 | 0.2 | 0% |
In its most recent public year (2023), this organization spent $330,877 more than it brought in. Its reserves stood at about 0.2 months of spending, down from 8.9 in 2011. Staff pay was 0% of spending. $1,036,300 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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