Detroit Yacht Club Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 161,411 | 29,235 | 132,176 | 55.2 | — |
| 2013 | 62,290 | 2,735 | 59,555 | 851.4 | — |
| 2014 | 262,915 | 151,675 | 111,240 | 23.9 | 0% |
| 2015 | 253,641 | 292,192 | −38,551 | 10.5 | 0% |
| 2016 | 270,579 | 293,770 | −23,191 | 9.5 | 0% |
| 2017 | 220,756 | 127,747 | 93,009 | 30.7 | 0% |
| 2018 | 263,493 | 104,472 | 159,021 | 55.8 | 0% |
| 2019 | 202,593 | 349,918 | −147,325 | 11.8 | 0% |
| 2020 | 234,322 | 368,617 | −134,295 | 6.8 | 0% |
| 2021 | 297,867 | 147,859 | 150,008 | 29.1 | 0% |
| 2022 | 493,462 | 608,208 | −114,746 | 4.8 | 0% |
| 2023 | 292,902 | 83,159 | 209,743 | 65.1 | 0% |
In its most recent public year (2023), this organization brought in $209,743 more than it spent. Its reserves stood at about 65.1 months of spending, up from 55.2 in 2012. 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 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
Detroit Yacht Club Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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