Michigan Health Information Technology Network Shared Service
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,267,611 | 4,251,314 | 16,297 | 0.0 | 8% |
| 2013 | 8,200,755 | 7,202,541 | 998,214 | 1.7 | 6% |
| 2014 | 9,240,340 | 7,130,288 | 2,110,052 | 5.3 | 12% |
| 2015 | 9,463,504 | 8,249,725 | 1,213,779 | 6.3 | 23% |
| 2016 | 12,495,409 | 11,811,388 | 684,021 | 5.1 | 26% |
| 2017 | 14,850,812 | 13,531,958 | 1,318,854 | 5.6 | 32% |
| 2018 | 17,879,555 | 17,272,118 | 607,437 | 4.8 | 38% |
| 2019 | 20,907,462 | 20,080,947 | 826,515 | 4.6 | 44% |
| 2020 | 27,164,289 | 30,450,234 | −3,285,945 | 2.2 | 48% |
| 2021 | 41,944,426 | 45,271,593 | −3,327,167 | 1.3 | 36% |
| 2022 | 44,409,220 | 50,558,931 | −6,149,711 | -0.3 | 30% |
| 2023 | 47,414,968 | 46,859,080 | 555,888 | -0.2 | 30% |
In its most recent public year (2023), this organization brought in $555,888 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months). Staff pay was 30% 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 Health Information Technology Network Shared Service'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