Michaywe Owners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,027,139 | 923,810 | 103,329 | 54.5 | 22% |
| 2011 | 1,014,357 | 919,840 | 94,517 | 55.6 | 23% |
| 2012 | 971,761 | 934,180 | 37,581 | 55.3 | 24% |
| 2013 | 947,737 | 928,887 | 18,850 | 55.8 | 27% |
| 2014 | 943,937 | 980,438 | −36,501 | 52.4 | 26% |
| 2015 | 1,015,877 | 903,843 | 112,034 | 58.4 | 26% |
| 2016 | 1,049,099 | 850,564 | 198,535 | 64.8 | 29% |
| 2017 | 1,053,162 | 895,441 | 157,721 | 63.7 | 28% |
| 2018 | 1,040,431 | 928,937 | 111,494 | 62.8 | 28% |
| 2019 | 1,030,203 | 955,649 | 74,554 | 62.0 | 27% |
| 2020 | 1,030,887 | 973,256 | 57,631 | 61.6 | 23% |
| 2021 | 1,060,504 | 974,646 | 85,858 | 62.6 | 29% |
| 2022 | 1,029,191 | 1,000,648 | 28,543 | 61.3 | 30% |
| 2023 | 1,047,555 | 974,556 | 72,999 | 63.8 | 30% |
In its most recent public year (2023), this organization brought in $72,999 more than it spent. Its reserves stood at about 63.8 months of spending, up from 54.5 in 2010. Staff pay was 30% of spending. $370,600 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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