Friends Of Children-Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 1,419,083 | 480,925 | 938,158 | 23.4 | 35% |
| 2021 | 1,015,612 | 895,637 | 119,975 | 14.0 | 52% |
| 2022 | 2,001,602 | 1,016,290 | 985,312 | 23.9 | 58% |
| 2023 | 991,930 | 1,314,554 | −322,624 | 15.5 | 59% |
In its most recent public year (2023), this organization spent $322,624 more than it brought in. Its reserves stood at about 15.5 months of spending. Staff pay was 59% of spending. $445,414 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
Friends Of Children-Detroit'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