Michigan Optometric Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 814,331 | 799,595 | 14,736 | 15.6 | 31% |
| 2012 | 882,614 | 861,869 | 20,745 | 14.8 | 30% |
| 2013 | 931,418 | 868,113 | 63,305 | 15.9 | 30% |
| 2014 | 883,187 | 883,473 | −286 | 15.3 | 29% |
| 2015 | 964,523 | 973,454 | −8,931 | 13.5 | 28% |
| 2016 | 992,665 | 1,031,402 | −38,737 | 12.7 | 27% |
| 2017 | 1,060,307 | 1,023,928 | 36,379 | 13.5 | 24% |
| 2018 | 1,127,657 | 1,090,719 | 36,938 | 12.5 | 22% |
| 2019 | 1,154,625 | 1,019,246 | 135,379 | 15.8 | 21% |
| 2020 | 860,728 | 771,434 | 89,294 | 23.5 | 30% |
| 2021 | 1,115,968 | 871,824 | 244,144 | 24.8 | 30% |
| 2022 | 1,227,181 | 1,057,897 | 169,284 | 20.8 | 23% |
| 2023 | 1,206,225 | 992,158 | 214,067 | 25.7 | 29% |
In its most recent public year (2023), this organization brought in $214,067 more than it spent. Its reserves stood at about 25.7 months of spending, up from 15.6 in 2011. Staff pay was 29% 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
Michigan Optometric Association Inc'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