Detroit Polo Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 56,255 | 55,920 | 335 | 2.2 | — |
| 2019 | 85,913 | 85,219 | 694 | 1.6 | — |
| 2020 | 47,745 | 45,117 | 2,628 | 3.7 | — |
| 2021 | 85,137 | 53,019 | 32,118 | 10.4 | — |
| 2022 | 123,295 | 122,187 | 1,108 | 4.6 | — |
| 2023 | 35,882 | 46,955 | −11,073 | 9.2 | — |
In its most recent public year (2023), this organization spent $11,073 more than it brought in. Its reserves stood at about 9.2 months of spending, up from 2.2 in 2018.
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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