Michiana Area Construction Industry Advancement Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 271,059 | 312,824 | −41,765 | 16.8 | 56% |
| 2012 | 260,226 | 327,799 | −67,573 | 15.2 | 52% |
| 2013 | 251,119 | 288,343 | −37,224 | 18.3 | 59% |
| 2014 | 258,590 | 286,072 | −27,482 | 17.9 | 54% |
| 2015 | 391,369 | 353,816 | 37,553 | 15.2 | 50% |
| 2016 | 465,063 | 333,726 | 131,337 | 21.2 | 49% |
| 2017 | 483,681 | 339,274 | 144,407 | 27.6 | 50% |
| 2018 | 416,962 | 388,308 | 28,654 | 23.3 | 45% |
| 2019 | 395,674 | 409,304 | −13,630 | 23.2 | 44% |
| 2020 | 362,851 | 414,204 | −51,353 | 22.6 | 44% |
| 2021 | 413,432 | 378,429 | 35,003 | 26.9 | 49% |
| 2022 | 500,799 | 390,338 | 110,461 | 26.5 | 55% |
| 2023 | 529,552 | 410,263 | 119,289 | 30.1 | 57% |
In its most recent public year (2023), this organization brought in $119,289 more than it spent. Its reserves stood at about 30.1 months of spending, up from 16.8 in 2011. Staff pay was 57% 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
Michiana Area Construction Industry Advancement Fund'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