Rental Property Owners Association Of Kent County Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 390,668 | 426,304 | −35,636 | 5.1 | 56% |
| 2022 | 612,502 | 497,117 | 115,385 | 7.1 | 43% |
| 2023 | 572,152 | 536,408 | 35,744 | 7.4 | 51% |
In its most recent public year (2023), this organization brought in $35,744 more than it spent. Its reserves stood at about 7.4 months of spending, up from 5.1 in 2021. Staff pay was 51% 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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