Michigan Pharmacists Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,853,585 | 2,167,042 | −313,457 | 27.7 | 35% |
| 2012 | 2,238,934 | 2,039,750 | 199,184 | 30.5 | 33% |
| 2013 | 2,307,701 | 2,065,521 | 242,180 | 32.4 | 36% |
| 2014 | 2,255,711 | 2,088,934 | 166,777 | 32.7 | 36% |
| 2015 | 2,080,274 | 2,054,853 | 25,421 | 33.1 | 36% |
| 2016 | 2,198,907 | 2,052,509 | 146,398 | 33.8 | 38% |
| 2017 | 2,549,986 | 2,088,863 | 461,123 | 36.2 | 38% |
| 2018 | 1,909,705 | 2,119,046 | −209,341 | 33.6 | 40% |
| 2019 | 2,315,273 | 2,116,375 | 198,898 | 35.8 | 37% |
| 2020 | 1,987,141 | 1,998,489 | −11,348 | 38.7 | 39% |
| 2021 | 2,532,542 | 2,260,333 | 272,209 | 35.9 | 45% |
| 2022 | 2,391,501 | 2,434,595 | −43,094 | 31.9 | 44% |
| 2023 | 2,708,092 | 2,446,086 | 262,006 | 33.7 | 45% |
In its most recent public year (2023), this organization brought in $262,006 more than it spent. Its reserves stood at about 33.7 months of spending, up from 27.7 in 2011. Staff pay was 45% of spending. $20,680 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
Michigan Pharmacists Association'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