Michigan Infrastructure & Transportation Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,524,003 | 3,874,937 | 649,066 | 18.7 | 26% |
| 2012 | 3,578,564 | 3,585,467 | −6,903 | 20.3 | 29% |
| 2013 | 3,068,780 | 3,476,353 | −407,573 | 19.8 | 31% |
| 2014 | 3,415,267 | 3,234,223 | 181,044 | 21.7 | 32% |
| 2015 | 3,568,527 | 4,194,820 | −626,293 | 14.7 | 29% |
| 2016 | 3,823,886 | 3,761,738 | 62,148 | 16.8 | 31% |
| 2017 | 4,158,137 | 3,952,687 | 205,450 | 16.7 | 32% |
| 2018 | 4,318,600 | 4,229,098 | 89,502 | 15.7 | 31% |
| 2019 | 4,403,697 | 3,846,877 | 556,820 | 19.2 | 37% |
| 2020 | 4,102,401 | 3,407,422 | 694,979 | 24.4 | 43% |
| 2021 | 3,965,600 | 3,688,862 | 276,738 | 23.6 | 47% |
| 2022 | 4,553,549 | 4,671,575 | −118,026 | 17.8 | 36% |
| 2023 | 5,262,792 | 4,137,055 | 1,125,737 | 23.7 | 35% |
In its most recent public year (2023), this organization brought in $1,125,737 more than it spent. Its reserves stood at about 23.7 months of spending, up from 18.7 in 2011. Staff pay was 35% of spending. $21,115 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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