Little Scholars Of Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 117,159 | 116,341 | 818 | 0.0 | — |
| 2012 | 78,286 | 76,701 | 1,585 | 0.2 | — |
| 2013 | 106,641 | 93,235 | 13,406 | 1.7 | — |
| 2014 | 146,141 | 122,460 | 23,681 | 4.0 | — |
| 2015 | 979,086 | 1,052,216 | −73,130 | 1.3 | 41% |
| 2016 | 2,684,599 | 2,522,149 | 162,450 | 1.5 | 38% |
| 2017 | 2,270,032 | 2,307,536 | −37,504 | 3.5 | 61% |
| 2018 | 2,319,016 | 2,313,407 | 5,609 | 3.6 | 63% |
| 2019 | 1,322,230 | 1,588,106 | −265,876 | 3.3 | 62% |
| 2020 | 803,933 | 652,410 | 151,523 | 11.0 | 56% |
| 2021 | 975,865 | 1,121,834 | −145,969 | 1.3 | 30% |
| 2022 | 1,487,401 | 1,364,263 | 123,138 | 4.2 | 50% |
| 2023 | 1,340,557 | 1,582,106 | −241,549 | 0.8 | 10% |
In its most recent public year (2023), this organization spent $241,549 more than it brought in. Its reserves stood at about 0.8 months of spending. Staff pay was 10% 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 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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