826 Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 535,983 | 520,770 | 15,213 | 10.7 | 50% |
| 2022 | 609,033 | 630,101 | −21,068 | 8.4 | 43% |
| 2023 | 753,599 | 776,809 | −23,210 | 6.5 | 49% |
| 2024 | 524,818 | 743,766 | −218,948 | 3.2 | 63% |
In its most recent public year (2024), this organization spent $218,948 more than it brought in. Its reserves stood at about 3.2 months of spending, down from 10.7 in 2021. Staff pay was 63% of spending. $110,942 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 2024. 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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