Better Way Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 239,779 | 13,416 | 226,363 | 202.5 | 0% |
| 2021 | 107,682 | 59,682 | 48,000 | 55.2 | — |
| 2022 | 58,228 | 155,242 | −97,014 | 13.7 | — |
| 2023 | 185,568 | 173,065 | 12,503 | 13.2 | — |
In its most recent public year (2023), this organization brought in $12,503 more than it spent. Its reserves stood at about 13.2 months of spending, down from 202.5 in 2020.
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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