Michigan Council Of Teachers Of Mathematics
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,337 | 67,137 | −56,800 | 19.2 | — |
| 2021 | 26,537 | 23,294 | 3,243 | 56.9 | — |
| 2022 | 14,548 | 28,948 | −14,400 | 39.8 | — |
| 2023 | 76,145 | 37,989 | 38,156 | 42.4 | — |
In its most recent public year (2023), this organization brought in $38,156 more than it spent. Its reserves stood at about 42.4 months of spending, up from 19.2 in 2020.
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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