Michigan Neonatal Biobank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 301,242 | 282,258 | 18,984 | 3.5 | 0% |
| 2012 | 249,827 | 202,424 | 47,403 | 7.7 | 0% |
| 2013 | 159,347 | 176,247 | −16,900 | 7.7 | 0% |
| 2014 | 154,706 | 156,211 | −1,505 | 8.6 | 0% |
| 2015 | 110,628 | 137,235 | −26,607 | 7.5 | — |
| 2016 | 204,840 | 68,443 | 136,397 | 38.9 | 0% |
| 2017 | 258,262 | 262,900 | −4,638 | 9.9 | 0% |
| 2018 | 246,756 | 245,697 | 1,059 | 10.7 | 0% |
| 2019 | 314,068 | 242,494 | 71,574 | 14.3 | 0% |
| 2020 | 298,813 | 282,436 | 16,377 | 13.0 | 0% |
| 2021 | 243,222 | 303,067 | −59,845 | 9.8 | 0% |
| 2022 | 307,834 | 261,869 | 45,965 | 13.4 | 0% |
| 2023 | 223,152 | 314,317 | −91,165 | 7.7 | 23% |
In its most recent public year (2023), this organization spent $91,165 more than it brought in. Its reserves stood at about 7.7 months of spending, up from 3.5 in 2011. Staff pay was 23% 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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