Michigan Association Of Certified Public Accountants
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 7,945,906 | 8,137,278 | −191,372 | 3.6 | 30% |
| 2013 | 7,266,812 | 7,247,516 | 19,296 | 4.1 | 33% |
| 2014 | 7,682,914 | 7,397,186 | 285,728 | 4.3 | 33% |
| 2015 | 7,239,021 | 7,107,500 | 131,521 | 4.4 | 35% |
| 2016 | 7,687,014 | 7,495,241 | 191,773 | 4.3 | 34% |
| 2017 | 7,577,275 | 7,615,584 | −38,309 | 4.9 | 34% |
| 2018 | 8,373,974 | 8,273,179 | 100,795 | 4.6 | 36% |
| 2019 | 8,489,792 | 8,648,612 | −158,820 | 3.8 | 37% |
| 2020 | 8,413,658 | 9,010,756 | −597,098 | 2.4 | 37% |
| 2021 | 6,923,880 | 6,925,775 | −1,895 | 4.8 | 42% |
| 2022 | 8,293,350 | 7,105,667 | 1,187,683 | 6.0 | 38% |
| 2023 | 7,265,327 | 7,407,170 | −141,843 | 5.0 | 38% |
| 2024 | 7,346,377 | 7,141,859 | 204,518 | 6.0 | 39% |
In its most recent public year (2024), this organization brought in $204,518 more than it spent. Its reserves stood at about 6 months of spending, up from 3.6 in 2012. Staff pay was 39% 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 2024. 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
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