Local First West Michigan Inc Elizabeth S Hillary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 268,968 | 240,838 | 28,130 | 5.3 | 29% |
| 2012 | 377,887 | 252,452 | 125,435 | 15.2 | 42% |
| 2013 | 505,076 | 468,751 | 36,325 | 9.1 | 33% |
| 2014 | 584,504 | 486,597 | 97,907 | 11.2 | 56% |
| 2015 | 397,106 | 451,389 | −54,283 | 10.6 | 65% |
| 2016 | 421,086 | 596,711 | −175,625 | 4.5 | 61% |
| 2017 | 393,601 | 559,904 | −166,303 | 1.2 | 62% |
| 2018 | 306,349 | 456,464 | −150,115 | -2.5 | 65% |
| 2019 | 376,763 | 416,080 | −39,317 | -3.8 | 64% |
| 2020 | 419,071 | 356,544 | 62,527 | -2.4 | 63% |
| 2021 | 505,347 | 402,905 | 102,442 | 1.0 | 64% |
| 2022 | 384,531 | 530,552 | −146,021 | -2.6 | 68% |
| 2023 | 645,889 | 592,322 | 53,567 | -1.2 | 67% |
In its most recent public year (2023), this organization brought in $53,567 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 5.3 in 2011. Staff pay was 67% 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
Local First West Michigan Inc Elizabeth S Hillary'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