Mikeys Way Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 175,701 | 196,180 | −20,479 | 2.9 | 29% |
| 2012 | 235,692 | 193,606 | 42,086 | 5.5 | 32% |
| 2013 | 377,704 | 344,719 | 32,985 | 4.3 | 15% |
| 2014 | 310,938 | 308,064 | 2,874 | 6.1 | 27% |
| 2015 | 376,890 | 269,275 | 107,615 | 11.8 | 0% |
| 2016 | 477,333 | 363,138 | 114,195 | 12.5 | 24% |
| 2017 | 468,465 | 426,638 | 41,827 | 11.8 | 23% |
| 2018 | 447,198 | 455,732 | −8,534 | 10.9 | 31% |
| 2019 | 498,708 | 467,014 | 31,694 | 11.4 | 26% |
| 2020 | 313,426 | 340,319 | −26,893 | 14.7 | 34% |
| 2021 | 285,335 | 330,707 | −45,372 | 13.5 | 35% |
| 2022 | 285,211 | 313,493 | −28,282 | 13.2 | 39% |
In its most recent public year (2022), this organization spent $28,282 more than it brought in. Its reserves stood at about 13.2 months of spending, up from 2.9 in 2011. Staff pay was 39% 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 2022. 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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