Family And Youth Institute Ofmichigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 494,484 | 245,232 | 249,252 | 33.5 | 53% |
| 2021 | 755,677 | 426,663 | 329,014 | 28.6 | 58% |
| 2022 | 1,784,619 | 586,661 | 1,197,958 | 42.7 | 57% |
| 2023 | 850,837 | 1,025,716 | −174,879 | 23.6 | 52% |
In its most recent public year (2023), this organization spent $174,879 more than it brought in. Its reserves stood at about 23.6 months of spending, down from 33.5 in 2020. Staff pay was 52% of spending. $929,630 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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