everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Southwest Economic Solutions

Detroit, MI / EIN 46-2252476 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20144,910,5294,930,374−19,8450.227%
20154,347,6154,100,411247,2041.038%
20164,143,1634,424,120−280,9570.137%
20174,019,9044,163,551−143,6471.038%
20185,357,6934,503,162854,5313.236%
20194,360,1024,404,776−44,6741.336%
20204,213,6084,703,247−489,639-0.534%
20213,561,8833,429,484132,3994.737%
20223,255,9402,830,064425,8767.546%
20232,916,6973,179,339−262,6425.746%

In its most recent public year (2023), this organization spent $262,642 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 0.2 in 2014. Staff pay was 46% of spending. $705,997 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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