Doing Development Differently In Metro Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 227,875 | 149,540 | 78,335 | 10.5 | 0% |
| 2021 | 131,795 | 160,260 | −28,465 | 7.7 | 0% |
| 2022 | 195,241 | 168,620 | 26,621 | 9.2 | 0% |
| 2023 | 576,819 | 254,714 | 322,105 | 21.3 | 0% |
In its most recent public year (2023), this organization brought in $322,105 more than it spent. Its reserves stood at about 21.3 months of spending, up from 10.5 in 2020. Staff pay was 0% of spending. $369,613 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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