everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Eastern Market Development Corporation

Detroit, MI / EIN 82-1252089 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2018375,6767,671368,005575.70%
20191,406,744235,9351,170,80978.30%
2020725,923439,988285,93549.80%
2021558,080454,402103,67850.90%
2022268,690532,796−264,10637.50%
2023347,012306,18840,82466.80%

In its most recent public year (2023), this organization brought in $40,824 more than it spent. Its reserves stood at about 66.8 months of spending, down from 575.7 in 2018. 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

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