Detroit Association Of Black Organizations Dabo Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 417,046 | 385,949 | 31,097 | 6.1 | 1% |
| 2017 | 375,572 | 362,987 | 12,585 | 6.9 | 0% |
| 2018 | 477,572 | 471,526 | 6,046 | 5.5 | 1% |
| 2019 | 559,354 | 534,679 | 24,675 | 5.4 | 0% |
| 2020 | 1,211,914 | 1,142,850 | 69,064 | 0.1 | 0% |
| 2021 | 1,935,579 | 1,942,218 | −6,639 | 0.1 | 0% |
| 2022 | 4,496,601 | 4,048,967 | 447,634 | 1.4 | 3% |
| 2023 | 4,479,913 | 4,043,827 | 436,086 | 2.9 | 4% |
In its most recent public year (2023), this organization brought in $436,086 more than it spent. Its reserves stood at about 2.9 months of spending, down from 6.1 in 2016. Staff pay was 4% 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 Association Of Black Organizations Dabo Inc'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