West Michigan Business Aircraft Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 22,563 | 14,255 | 8,308 | 22.9 | — |
| 2014 | 27,176 | 14,704 | 12,472 | 32.4 | — |
| 2015 | 23,949 | 15,022 | 8,927 | 38.8 | — |
| 2016 | 27,167 | 14,006 | 13,161 | 52.9 | — |
| 2017 | 22,457 | 17,813 | 4,644 | 44.8 | — |
| 2018 | 34,665 | 16,362 | 18,303 | 62.1 | — |
| 2019 | 36,556 | 75,495 | −38,939 | 7.3 | — |
| 2020 | 51,351 | 32,139 | 19,212 | 24.3 | — |
| 2021 | 45,089 | 22,904 | 22,185 | 45.7 | — |
| 2022 | 58,697 | 29,147 | 29,550 | 48.1 | — |
In its most recent public year (2022), this organization brought in $29,550 more than it spent. Its reserves stood at about 48.1 months of spending, up from 22.9 in 2013.
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 2022. 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
West Michigan Business Aircraft Association's IRS filings as a feed — one entry per filing year, through 2022. 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