Wayne State Univ Research & Techno- Logy Park In The City Of Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,453,364 | 7,901,750 | −2,448,386 | 27.9 | 31% |
| 2021 | 8,978,851 | 5,753,462 | 3,225,389 | 46.2 | 41% |
| 2022 | 15,845,749 | 8,937,181 | 6,908,568 | 40.1 | 41% |
| 2023 | 6,792,234 | 11,795,490 | −5,003,256 | 24.2 | 34% |
In its most recent public year (2023), this organization spent $5,003,256 more than it brought in. Its reserves stood at about 24.2 months of spending, down from 27.9 in 2020. Staff pay was 34% of spending. $8,774,524 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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