Michigan Floral Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 235,124 | 236,684 | −1,560 | 2.0 | 40% |
| 2012 | 263,860 | 246,129 | 17,731 | 2.8 | 37% |
| 2013 | 230,211 | 238,210 | −7,999 | 2.5 | 40% |
| 2014 | 257,770 | 259,977 | −2,207 | 2.2 | 40% |
| 2015 | 258,140 | 250,243 | 7,897 | 2.6 | 41% |
| 2016 | 266,915 | 248,714 | 18,201 | 3.5 | 43% |
| 2017 | 261,226 | 253,658 | 7,568 | 3.8 | 44% |
| 2018 | 274,850 | 261,175 | 13,675 | 4.3 | 42% |
| 2019 | 268,413 | 268,444 | −31 | 4.2 | 42% |
| 2020 | 334,978 | 316,966 | 18,012 | 4.3 | 36% |
| 2021 | 254,750 | 240,745 | 14,005 | 6.3 | 47% |
| 2022 | 333,957 | 314,908 | 19,049 | 5.4 | 39% |
| 2023 | 374,610 | 336,006 | 38,604 | 6.5 | 39% |
In its most recent public year (2023), this organization brought in $38,604 more than it spent. Its reserves stood at about 6.5 months of spending, up from 2 in 2011. Staff pay was 39% of spending. $1,500 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 Floral 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