Michigan Turfgrass Foundation C/O Dept Of Crop & Soil Science
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 308,865 | 220,429 | 88,436 | 123.4 | 0% |
| 2021 | 87,684 | 269,942 | −182,258 | 112.3 | 0% |
| 2022 | 144,727 | 828,700 | −683,973 | 25.1 | 0% |
| 2023 | 440,926 | 838,053 | −397,127 | 19.0 | 0% |
In its most recent public year (2023), this organization spent $397,127 more than it brought in. Its reserves stood at about 19 months of spending, down from 123.4 in 2020. Staff pay was 0% of spending. $901,484 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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