Faith Works Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 26,723 | 28,384 | −1,661 | 0.9 | — |
| 2013 | 49,658 | 24,576 | 25,082 | 13.3 | — |
| 2014 | 85,121 | 108,812 | −23,691 | 0.4 | — |
| 2015 | 91,383 | 66,675 | 24,708 | 5.1 | — |
| 2016 | 116,136 | 130,582 | −14,446 | 1.3 | — |
| 2017 | 99,305 | 66,702 | 32,603 | 8.3 | — |
| 2018 | 96,553 | 122,646 | −26,093 | 2.0 | — |
| 2019 | 134,033 | 113,352 | 20,681 | 4.3 | — |
| 2020 | 142,707 | 125,088 | 17,619 | 5.6 | — |
| 2021 | 261,669 | 232,743 | 28,926 | 4.5 | 0% |
| 2022 | 371,044 | 308,985 | 62,059 | 5.8 | 0% |
| 2023 | 285,763 | 316,162 | −30,399 | 4.5 | 0% |
In its most recent public year (2023), this organization spent $30,399 more than it brought in. Its reserves stood at about 4.5 months of spending, up from 0.9 in 2012. Staff pay was 0% 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
Faith Works Michigan'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