Grand7detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 177,013 | 103,766 | 73,247 | 60.5 | — |
| 2017 | 97,226 | 192,934 | −95,708 | 26.6 | 11% |
| 2018 | 167,231 | 170,378 | −3,147 | 29.9 | 11% |
| 2019 | 130,717 | 109,600 | 21,117 | 48.7 | 12% |
| 2020 | 170,823 | 95,419 | 75,404 | 76.1 | 0% |
| 2021 | 80,282 | 106,693 | −26,411 | 65.3 | 0% |
| 2022 | 102,258 | 164,444 | −62,186 | 37.6 | 0% |
| 2023 | 109,515 | 116,634 | −7,119 | 52.3 | 0% |
In its most recent public year (2023), this organization spent $7,119 more than it brought in. Its reserves stood at about 52.3 months of spending, down from 60.5 in 2016. 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
Grand7detroit'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