Detroit Regional Partnership Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,955,950 | 4,003,896 | −47,946 | 6.0 | 54% |
| 2021 | 7,260,369 | 5,028,963 | 2,231,406 | 10.1 | 43% |
| 2022 | 8,149,982 | 5,538,169 | 2,611,813 | 14.8 | 45% |
| 2023 | 4,196,419 | 7,164,022 | −2,967,603 | 6.5 | 52% |
In its most recent public year (2023), this organization spent $2,967,603 more than it brought in. Its reserves stood at about 6.5 months of spending. Staff pay was 52% of spending. $1,853,334 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works