Michigan Israel Business Accelerator
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 63,695 | 62,306 | 1,389 | 1.8 | 71% |
| 2012 | 97,295 | 106,300 | −9,005 | 0.2 | — |
| 2013 | 99,921 | 92,812 | 7,109 | 1.2 | — |
| 2014 | 194,613 | 178,228 | 16,385 | 1.7 | — |
| 2015 | 176,156 | 186,645 | −10,489 | 1.0 | — |
| 2016 | 239,933 | 226,167 | 13,766 | 1.5 | 51% |
| 2017 | 214,373 | 243,214 | −28,841 | 0.0 | 51% |
| 2018 | 670,493 | 535,497 | 134,996 | 2.6 | 44% |
| 2019 | 1,577,738 | 1,116,579 | 461,159 | 6.2 | 35% |
| 2020 | 882,645 | 722,171 | 160,474 | 12.2 | 56% |
| 2021 | 770,808 | 707,947 | 62,861 | 13.5 | 60% |
| 2022 | 851,623 | 775,408 | 76,215 | 13.5 | 52% |
| 2023 | 1,135,378 | 922,644 | 212,734 | 14.2 | 39% |
In its most recent public year (2023), this organization brought in $212,734 more than it spent. Its reserves stood at about 14.2 months of spending, up from 1.8 in 2011. Staff pay was 39% 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
Michigan Israel Business Accelerator's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works