Women Of Tomorrow Mentor & Scholarship Program Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 227,231 | 394,043 | −166,812 | 0.7 | 53% |
| 2014 | 208,759 | 406,213 | −197,454 | 1.7 | 55% |
| 2015 | 265,069 | 398,399 | −133,330 | 3.8 | 58% |
| 2016 | 307,741 | 292,922 | 14,819 | 7.9 | 28% |
| 2017 | 209,456 | 271,381 | −61,925 | 5.9 | 47% |
| 2018 | 276,348 | 255,672 | 20,676 | 7.2 | 53% |
| 2019 | 583,418 | 269,701 | 313,717 | 20.8 | 56% |
| 2020 | 611,143 | 298,393 | 312,750 | 31.4 | 60% |
| 2021 | 347,135 | 292,868 | 54,267 | 34.2 | 64% |
| 2022 | 593,033 | 494,543 | 98,490 | 22.7 | 46% |
| 2023 | 191,043 | 396,939 | −205,896 | 22.0 | 51% |
In its most recent public year (2023), this organization spent $205,896 more than it brought in. Its reserves stood at about 22 months of spending, up from 0.7 in 2013. Staff pay was 51% 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
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