Michaels Miracles A Nj Nonprofit Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,074 | 13,143 | 2,931 | 6.6 | — |
| 2012 | 18,308 | 15,440 | 2,868 | 7.9 | — |
| 2015 | 42,703 | 30,776 | 11,927 | 11.8 | — |
| 2016 | 28,934 | 30,083 | −1,149 | 11.6 | — |
| 2017 | 52,356 | 61,093 | −8,737 | 4.0 | — |
| 2018 | 63,649 | 65,380 | −1,731 | 3.4 | — |
| 2019 | 79,535 | 77,152 | 2,383 | 3.3 | — |
| 2020 | 84,518 | 60,401 | 24,117 | 9.0 | — |
| 2021 | 51,926 | 61,951 | −10,025 | 8.7 | — |
| 2022 | 29,510 | 50,852 | −21,342 | 3.8 | — |
| 2023 | 79,067 | 51,316 | 27,751 | 10.2 | — |
| 2024 | 56,256 | 66,205 | −9,949 | 5.1 | — |
In its most recent public year (2024), this organization spent $9,949 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 6.6 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 2024. 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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