West Michigan Flight Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 153,857 | 145,636 | 8,221 | 3.0 | — |
| 2012 | 147,406 | 145,990 | 1,416 | 3.1 | — |
| 2013 | 112,080 | 111,648 | 432 | 4.3 | — |
| 2014 | 114,995 | 123,532 | −8,537 | 3.0 | — |
| 2015 | 153,624 | 151,450 | 2,174 | 2.5 | — |
| 2016 | 138,603 | 159,374 | −20,771 | 0.8 | — |
| 2017 | 147,862 | 150,065 | −2,203 | 0.7 | — |
| 2018 | 136,387 | 130,651 | 5,736 | 1.3 | — |
| 2019 | 131,032 | 100,865 | 30,167 | 5.2 | — |
| 2020 | 150,752 | 191,525 | −40,773 | 0.2 | — |
| 2021 | 209,925 | 202,267 | 7,658 | 0.6 | 0% |
| 2022 | 255,396 | 240,988 | 14,408 | 1.3 | 0% |
| 2023 | 193,052 | 191,560 | 1,492 | -0.1 | 0% |
In its most recent public year (2023), this organization brought in $1,492 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months), down from 3 in 2011. 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
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