Michelles Place
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 547,719 | 561,156 | −13,437 | 3.2 | 28% |
| 2012 | 405,133 | 441,588 | −36,455 | 2.8 | 38% |
| 2013 | 480,887 | 417,901 | 62,986 | 5.0 | 43% |
| 2014 | 369,146 | 420,687 | −51,541 | 3.6 | 48% |
| 2015 | 567,827 | 468,790 | 99,037 | 5.6 | 49% |
| 2016 | 412,322 | 475,202 | −62,880 | 4.2 | 57% |
| 2017 | 624,213 | 548,207 | 76,006 | 5.5 | 53% |
| 2018 | 777,879 | 637,439 | 140,440 | 7.1 | 57% |
| 2019 | 1,408,877 | 721,624 | 687,253 | 18.9 | 55% |
| 2020 | 962,134 | 732,000 | 230,134 | 22.3 | 58% |
| 2021 | 929,850 | 772,603 | 157,247 | 23.8 | 58% |
| 2022 | 927,022 | 905,795 | 21,227 | 20.2 | 54% |
| 2023 | 1,048,740 | 1,003,690 | 45,050 | 19.0 | 10% |
In its most recent public year (2023), this organization brought in $45,050 more than it spent. Its reserves stood at about 19 months of spending, up from 3.2 in 2011. Staff pay was 10% of spending. $194,927 of its net assets are donor-restricted.
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
Michelles Place'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