Detroit Food & Entrepreneurship Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 127,807 | 93,796 | 34,011 | 4.4 | — |
| 2014 | 324,588 | 187,516 | 137,072 | 10.9 | 59% |
| 2015 | 403,596 | 296,348 | 107,248 | 11.3 | 54% |
| 2016 | 591,009 | 520,210 | 70,799 | 8.1 | 60% |
| 2017 | 529,551 | 651,652 | −122,101 | 6.7 | 70% |
| 2018 | 1,575,967 | 825,385 | 750,582 | 16.7 | 62% |
| 2019 | 771,707 | 880,501 | −108,794 | 14.2 | 56% |
| 2020 | 790,605 | 785,221 | 5,384 | 16.0 | 61% |
| 2021 | 920,303 | 800,707 | 119,596 | 17.4 | 58% |
| 2022 | 1,373,902 | 823,160 | 550,742 | 25.0 | 59% |
| 2023 | 904,032 | 981,978 | −77,946 | 20.0 | 56% |
In its most recent public year (2023), this organization spent $77,946 more than it brought in. Its reserves stood at about 20 months of spending, up from 4.4 in 2013. Staff pay was 56% of spending. $263,574 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
Detroit Food & Entrepreneurship Academy'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