Detroit Affordable Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 1,104,702 | 77,639 | 1,027,063 | 158.7 | 77% |
| 2011 | 203,187 | 216,285 | −13,098 | 8.3 | 69% |
| 2012 | 308,036 | 229,521 | 78,515 | 12.0 | 87% |
| 2013 | 227,199 | 327,823 | −100,624 | 5.0 | 31% |
| 2014 | 121,175 | 99,741 | 21,434 | 19.1 | 77% |
| 2015 | 169,306 | 646,345 | −477,039 | -5.9 | 23% |
| 2016 | 323,116 | 160,139 | 162,977 | -11.6 | 98% |
| 2017 | 1,046,932 | 221,825 | 825,107 | 36.3 | 88% |
| 2018 | 420,409 | 110,350 | 310,059 | 106.6 | 55% |
| 2019 | 95,343 | 118,077 | −22,734 | 97.3 | 68% |
| 2020 | 948,282 | 432,276 | 516,006 | 40.9 | 29% |
| 2021 | 238,141 | 237,449 | 692 | 74.5 | 93% |
| 2022 | 1,410,973 | 554,439 | 856,534 | 50.4 | 53% |
| 2023 | 1,569,375 | 1,364,116 | 205,259 | 22.3 | 36% |
In its most recent public year (2023), this organization brought in $205,259 more than it spent. Its reserves stood at about 22.3 months of spending, down from 158.7 in 2009. Staff pay was 36% 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 Affordable Homes 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