Community Development Advocates Of Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 67,850 | 168,739 | −100,889 | -0.6 | — |
| 2012 | 709,745 | 235,315 | 474,430 | 34.0 | 13% |
| 2013 | 196,344 | 386,927 | −190,583 | 8.7 | 45% |
| 2014 | 478,075 | 422,401 | 55,674 | 9.5 | 56% |
| 2015 | 592,454 | 537,170 | 55,284 | 8.7 | 51% |
| 2016 | 597,681 | 545,215 | 52,466 | 9.9 | 51% |
| 2017 | 907,157 | 912,639 | −5,482 | 5.8 | 37% |
| 2018 | 1,490,242 | 1,170,836 | 319,406 | 7.8 | 34% |
| 2019 | 1,421,455 | 1,098,680 | 322,775 | 11.9 | 41% |
| 2020 | 1,267,646 | 1,305,519 | −37,873 | 9.6 | 27% |
| 2021 | 2,107,098 | 1,138,438 | 968,660 | 21.3 | 38% |
| 2022 | 1,382,169 | 1,779,146 | −396,977 | 10.9 | 32% |
In its most recent public year (2022), this organization spent $396,977 more than it brought in. Its reserves stood at about 10.9 months of spending, up from -0.6 in 2011. Staff pay was 32% of spending. $1,417,018 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 2022. 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
Community Development Advocates Of Detroit's IRS filings as a feed — one entry per filing year, through 2022. 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