everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Majestic Education Foundation Inc

Detroit, MI / EIN 38-3383097 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201115,7569,5266,2309.3
20135406,270−5,7300.20%
20146,2606,0202400.70%
20157,4105,2502,1605.70%
20166,1316,0201115.20%
20175,3172,0203,29735.00%
20183,7082,3201,38837.70%
20195,7827,096−1,31410.10%
20213,9445,682−1,7389.60%
20225,2792,0203,25946.40%
20233,9985,995−1,99711.60%
20245,9007,020−1,1208.00%

In its most recent public year (2024), this organization spent $1,120 more than it brought in. Its reserves stood at about 8 months of spending, down from 9.3 in 2011. 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 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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