Northern Michigan Equine Therapy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 101,729 | 40,840 | 60,889 | 17.9 | — |
| 2016 | 119,369 | 101,745 | 17,624 | 9.3 | — |
| 2017 | 108,221 | 116,283 | −8,062 | 7.3 | — |
| 2018 | 197,382 | 172,227 | 25,155 | 6.7 | — |
| 2019 | 257,435 | 191,506 | 65,929 | 10.1 | 41% |
| 2020 | 205,618 | 160,462 | 45,156 | 15.5 | 33% |
| 2021 | 212,672 | 208,629 | 4,043 | 12.1 | 49% |
| 2022 | 195,850 | 190,937 | 4,913 | 13.3 | 37% |
| 2023 | 259,218 | 215,306 | 43,912 | 14.4 | 34% |
In its most recent public year (2023), this organization brought in $43,912 more than it spent. Its reserves stood at about 14.4 months of spending, down from 17.9 in 2015. Staff pay was 34% 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
Northern Michigan Equine Therapy'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