Black Leaders Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 335,601 | 255,855 | 79,746 | 4.0 | 4% |
| 2021 | 814,177 | 531,779 | 282,398 | 8.4 | 25% |
| 2022 | 1,339,620 | 809,254 | 530,366 | 13.4 | 42% |
| 2023 | 2,083,363 | 1,292,932 | 790,431 | 15.7 | 35% |
In its most recent public year (2023), this organization brought in $790,431 more than it spent. Its reserves stood at about 15.7 months of spending, up from 4 in 2020. Staff pay was 35% of spending. $676,247 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
Black Leaders 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