Detroit Regional Partnership
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 649,458 | 121,337 | 528,121 | 198.5 | 0% |
| 2021 | 438,267 | 20,000 | 418,267 | 1440.1 | 0% |
| 2022 | 836,497 | 34,000 | 802,497 | 1130.3 | 0% |
| 2023 | 620,627 | 6,000 | 614,627 | 7634.5 | 0% |
In its most recent public year (2023), this organization brought in $614,627 more than it spent. Its reserves stood at about 7634.5 months of spending, up from 198.5 in 2020. Staff pay was 0% of spending. $30,000 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
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