Pace Southeast Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 113,115,116 | 106,097,424 | 7,017,692 | 2.2 | 26% |
| 2021 | 125,025,074 | 125,504,425 | −479,351 | 1.7 | 25% |
| 2022 | 151,770,535 | 147,024,466 | 4,746,069 | 1.6 | 25% |
| 2023 | 171,842,800 | 173,434,093 | −1,591,293 | 1.3 | 25% |
In its most recent public year (2023), this organization spent $1,591,293 more than it brought in. Its reserves stood at about 1.3 months of spending. Staff pay was 25% of spending. $553,493 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