Michigan Tech Enterprise Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,045,651 | 857,696 | 187,955 | 11.7 | 23% |
| 2012 | 1,162,609 | 816,773 | 345,836 | 17.3 | 29% |
| 2013 | 1,540,218 | 1,397,663 | 142,555 | 11.9 | 22% |
| 2014 | 1,734,932 | 1,828,887 | −93,955 | 9.1 | 21% |
| 2015 | 1,500,013 | 1,484,230 | 15,783 | 11.4 | 19% |
| 2016 | 1,321,444 | 1,163,825 | 157,619 | 16.0 | 28% |
| 2017 | 1,385,977 | 1,434,670 | −48,693 | 13.4 | 33% |
| 2018 | 1,246,101 | 1,234,175 | 11,926 | 16.3 | 37% |
| 2019 | 1,374,193 | 1,316,758 | 57,435 | 16.1 | 38% |
| 2020 | 1,356,499 | 1,283,739 | 72,760 | 16.9 | 44% |
| 2021 | 1,494,875 | 1,071,016 | 423,859 | 31.0 | 40% |
| 2022 | 1,536,787 | 1,237,493 | 299,294 | 25.0 | 41% |
| 2023 | 1,718,234 | 1,309,229 | 409,005 | 28.6 | 42% |
In its most recent public year (2023), this organization brought in $409,005 more than it spent. Its reserves stood at about 28.6 months of spending, up from 11.7 in 2011. Staff pay was 42% 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 Tech Enterprise Corporation'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