Michigan Chess Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,790 | 15,589 | 2,201 | 31.6 | — |
| 2012 | 19,684 | 19,570 | 114 | 25.2 | — |
| 2013 | 18,930 | 28,132 | −9,202 | 13.6 | — |
| 2014 | 25,018 | 16,361 | 8,657 | 29.8 | — |
| 2015 | 14,107 | 18,856 | −4,749 | 22.8 | — |
| 2016 | 19,956 | 18,137 | 1,819 | 24.8 | — |
| 2017 | 4,000 | 20,321 | −16,321 | 14.6 | — |
| 2018 | 25,077 | 9,684 | 15,393 | 69.5 | — |
| 2019 | 14,185 | 14,152 | 33 | 36.1 | — |
| 2020 | 55,008 | 59,368 | −4,360 | 7.7 | — |
| 2021 | 9,906 | 16,244 | −6,338 | 0.0 | — |
| 2022 | 64,453 | 62,484 | 1,969 | 0.0 | — |
| 2023 | 76,233 | 89,331 | −13,098 | 0.0 | — |
In its most recent public year (2023), this organization spent $13,098 more than it brought in. Its reserves stood at about 0 months of spending, down from 31.6 in 2011.
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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