Operating record

Michigan Forest Products Council

Lansing, MI · EIN 20-0301559 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$435,016$443,104−$8,0880.359%
2021$543,903$480,269$63,6344.262%
2022$652,230$308,955$343,27519.930%
2023$250,898$382,186−$131,28811.90%

In its most recent public year (2023), this organization spent $131,288 more than it brought in. Its reserves stood at about 11.9 months of spending, up from 0.3 in 2020. Staff pay was 0% of spending.

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 ↗