The Detroit Athletic Club Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 260,801 | 181,791 | 79,010 | 73.5 | 0% |
| 2011 | 298,269 | 243,990 | 54,279 | 57.9 | 0% |
| 2012 | 1,321,172 | 243,799 | 1,077,373 | 111.0 | 0% |
| 2013 | 681,658 | 261,319 | 420,339 | 122.8 | 0% |
| 2014 | 908,131 | 276,753 | 631,378 | 143.4 | 0% |
| 2015 | 314,134 | 307,095 | 7,039 | 129.5 | 0% |
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 449,486 | 556,362 | −106,876 | 71.9 | 0% |
| 2018 | 514,014 | 289,855 | 224,159 | 145.8 | 0% |
| 2019 | 690,843 | 332,490 | 358,353 | 143.7 | 0% |
| 2020 | 429,232 | 180,494 | 248,738 | 285.1 | 0% |
| 2021 | 947,497 | 303,471 | 644,026 | 197.9 | 0% |
| 2022 | 821,319 | 386,824 | 434,495 | 157.7 | 0% |
| 2023 | 521,256 | 498,529 | 22,727 | 130.0 | 0% |
In its most recent public year (2023), this organization brought in $22,727 more than it spent. Its reserves stood at about 130 months of spending, up from 73.5 in 2010. Staff pay was 0% of spending. $1,822,211 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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