Michigan City Area Schools Grant Acceptance Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,132 | 49,132 | 0 | 0.0 | — |
| 2012 | 25,207 | 25,207 | 0 | 0.0 | — |
| 2013 | 25,386 | 25,386 | 0 | 0.0 | — |
| 2014 | 83,929 | 83,929 | 0 | 0.0 | — |
| 2015 | 62,938 | 62,938 | 0 | 0.0 | — |
| 2016 | 23,016 | 23,016 | 0 | 0.0 | — |
| 2017 | 21,775 | 21,775 | 0 | 0.0 | — |
| 2018 | 16,708 | 16,708 | 0 | 0.0 | — |
| 2019 | 27,251 | 27,251 | 0 | 0.0 | — |
| 2020 | 115,667 | 115,667 | 0 | 0.0 | — |
| 2022 | 73,626 | 80,083 | −6,457 | 0.0 | — |
| 2023 | 38,286 | 38,286 | 0 | 0.0 | — |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0 months 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
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