Macomb County Bar Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 354,762 | 356,075 | −1,313 | 6.7 | 55% |
| 2021 | 387,885 | 382,028 | 5,857 | 6.4 | 53% |
| 2022 | 427,141 | 425,067 | 2,074 | 5.8 | 50% |
| 2023 | 562,859 | 445,220 | 117,639 | 8.7 | 34% |
| 2024 | 309,056 | 224,869 | 84,187 | 21.8 | 12% |
In its most recent public year (2024), this organization brought in $84,187 more than it spent. Its reserves stood at about 21.8 months of spending, up from 6.7 in 2020. Staff pay was 12% 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 2024. 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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