Michigan Shores Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,193,714 | 4,826,657 | 367,057 | 12.2 | 49% |
| 2012 | 4,961,899 | 4,895,806 | 66,093 | 12.2 | 49% |
| 2013 | 5,508,360 | 4,877,242 | 631,118 | 13.8 | 49% |
| 2014 | 6,234,379 | 5,630,771 | 603,608 | 13.2 | 50% |
| 2015 | 6,444,398 | 5,598,935 | 845,463 | 15.1 | 51% |
| 2016 | 6,657,086 | 5,854,495 | 802,591 | 16.1 | 51% |
| 2017 | 7,087,142 | 6,590,702 | 496,440 | 15.2 | 53% |
| 2018 | 7,164,663 | 6,862,731 | 301,932 | 15.1 | 53% |
| 2019 | 7,506,023 | 6,938,192 | 567,831 | 15.9 | 52% |
| 2020 | 5,733,945 | 5,400,709 | 333,236 | 21.2 | 47% |
| 2021 | 7,122,960 | 5,970,420 | 1,152,540 | 21.5 | 46% |
| 2022 | 8,142,764 | 8,122,080 | 20,684 | 15.8 | 53% |
| 2023 | 9,293,613 | 9,550,958 | −257,345 | 13.2 | 55% |
In its most recent public year (2023), this organization spent $257,345 more than it brought in. Its reserves stood at about 13.2 months of spending. Staff pay was 55% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works