Michigan Assoc Of Chiefs Of Police Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 589,436 | 548,937 | 40,499 | 25.9 | 43% |
| 2021 | 852,970 | 643,977 | 208,993 | 26.0 | 40% |
| 2022 | 1,025,771 | 827,291 | 198,480 | 23.1 | 39% |
| 2023 | 1,032,394 | 906,666 | 125,728 | 22.8 | 44% |
In its most recent public year (2023), this organization brought in $125,728 more than it spent. Its reserves stood at about 22.8 months of spending, down from 25.9 in 2020. Staff pay was 44% 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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