Maggies Wigs 4 Kids Of Michigan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 503,034 | 499,956 | 3,078 | 8.6 | 22% |
| 2012 | 392,565 | 369,143 | 23,422 | 12.4 | 38% |
| 2013 | 464,702 | 469,170 | −4,468 | 9.7 | 33% |
| 2014 | 616,892 | 556,334 | 60,558 | 9.5 | 31% |
| 2015 | 584,332 | 553,889 | 30,443 | 10.2 | 35% |
| 2016 | 506,017 | 478,605 | 27,412 | 12.5 | 45% |
| 2017 | 707,636 | 490,622 | 217,014 | 17.3 | 47% |
| 2018 | 694,876 | 568,582 | 126,294 | 17.6 | 40% |
| 2019 | 935,264 | 572,130 | 363,134 | 25.1 | 42% |
| 2020 | 694,436 | 531,862 | 162,574 | 30.7 | 40% |
| 2021 | 911,958 | 720,539 | 191,419 | 25.9 | 29% |
| 2022 | 876,196 | 828,035 | 48,161 | 23.2 | 28% |
| 2023 | 889,856 | 895,955 | −6,099 | 24.4 | 30% |
In its most recent public year (2023), this organization spent $6,099 more than it brought in. Its reserves stood at about 24.4 months of spending, up from 8.6 in 2011. Staff pay was 30% of spending. $256,143 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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