Next Step Of West Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −31,020 | 7,533 | −38,553 | 85.6 | 0% |
| 2012 | 82,052 | 12,581 | 69,471 | 124.0 | 0% |
| 2013 | 751,649 | 668,517 | 83,132 | 3.9 | 52% |
| 2014 | 739,644 | 671,559 | 68,085 | 5.1 | 59% |
| 2015 | 2,258,387 | 1,676,947 | 581,440 | 6.2 | 16% |
| 2016 | 1,405,860 | 857,954 | 547,906 | 19.7 | 50% |
| 2017 | 1,639,398 | 883,162 | 756,236 | 29.4 | 57% |
| 2018 | 919,539 | 811,133 | 108,406 | 33.7 | 66% |
| 2019 | 1,195,145 | 1,004,507 | 190,638 | 29.5 | 56% |
| 2020 | 179,858 | 422,873 | −243,015 | 63.1 | 64% |
| 2021 | 1,042,566 | 1,165,839 | −123,273 | 21.6 | 61% |
| 2022 | 1,948,657 | 1,459,981 | 488,676 | 21.3 | 62% |
| 2023 | 1,749,512 | 1,576,974 | 172,538 | 7.4 | 63% |
In its most recent public year (2023), this organization brought in $172,538 more than it spent. Its reserves stood at about 7.4 months of spending, down from 85.6 in 2011. Staff pay was 63% of spending. $350,000 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
Next Step Of West Michigan's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works