Michigan Petroleum Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 770,848 | 855,343 | −84,495 | 14.7 | 37% |
| 2013 | 899,606 | 919,997 | −20,391 | 13.9 | 35% |
| 2014 | 522,622 | 611,525 | −88,903 | 19.6 | 40% |
| 2015 | 888,340 | 922,786 | −34,446 | 12.1 | 38% |
| 2016 | 1,005,082 | 991,768 | 13,314 | 11.8 | 36% |
| 2017 | 1,270,992 | 1,136,162 | 134,830 | 11.1 | 28% |
| 2018 | 1,080,077 | 1,080,390 | −313 | 11.0 | 30% |
| 2019 | 1,140,401 | 1,096,178 | 44,223 | 12.4 | 30% |
| 2020 | 815,540 | 889,385 | −73,845 | 14.9 | 39% |
| 2021 | 1,176,439 | 989,226 | 187,213 | 16.1 | 36% |
| 2022 | 991,501 | 1,038,877 | −47,376 | 13.4 | 35% |
| 2023 | 1,192,340 | 1,092,388 | 99,952 | 14.6 | 37% |
In its most recent public year (2023), this organization brought in $99,952 more than it spent. Its reserves stood at about 14.6 months of spending. Staff pay was 37% 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