Michigan Society For Respiratory Care
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 249,335 | 214,139 | 35,196 | 10.3 | 0% |
| 2012 | 196,334 | 233,445 | −37,111 | 7.5 | 0% |
| 2013 | 204,560 | 211,116 | −6,556 | 8.0 | 0% |
| 2014 | 162,533 | 168,607 | −6,074 | 9.5 | 0% |
| 2015 | 166,683 | 127,746 | 38,937 | 16.3 | 0% |
| 2016 | 161,872 | 122,127 | 39,745 | 20.9 | 0% |
| 2017 | 158,120 | 119,906 | 38,214 | 25.1 | 0% |
| 2018 | 160,397 | 125,928 | 34,469 | 27.2 | 0% |
| 2019 | 133,461 | 127,109 | 6,352 | 27.5 | 0% |
| 2020 | 51,000 | 63,681 | −12,681 | 52.7 | 0% |
| 2021 | 39,261 | 55,075 | −15,814 | 57.4 | 0% |
| 2022 | 112,510 | 113,759 | −1,249 | 27.6 | 0% |
| 2023 | 169,128 | 168,596 | 532 | 19.2 | 0% |
In its most recent public year (2023), this organization brought in $532 more than it spent. Its reserves stood at about 19.2 months of spending, up from 10.3 in 2011. Staff pay was 0% 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 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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