Michigan Assn Of School Boards Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,479,806 | 4,251,749 | 228,057 | 13.4 | 45% |
| 2013 | 4,204,754 | 4,163,399 | 41,355 | 14.1 | 41% |
| 2014 | 4,098,437 | 3,965,862 | 132,575 | 15.7 | 41% |
| 2015 | 4,252,858 | 4,265,914 | −13,056 | 14.6 | 43% |
| 2016 | 4,452,144 | 4,123,593 | 328,551 | 16.1 | 42% |
| 2017 | 5,091,901 | 4,571,835 | 520,066 | 16.2 | 42% |
| 2018 | 4,915,235 | 4,565,454 | 349,781 | 17.6 | 45% |
| 2019 | 4,868,604 | 4,836,378 | 32,226 | 17.1 | 42% |
| 2020 | 4,833,410 | 4,446,843 | 386,567 | 20.4 | 46% |
| 2021 | 4,977,021 | 4,446,129 | 530,892 | 24.8 | 48% |
| 2022 | 4,997,199 | 5,144,416 | −147,217 | 18.8 | 46% |
| 2023 | 6,099,836 | 5,671,086 | 428,750 | 18.9 | 47% |
| 2024 | 6,778,290 | 6,286,963 | 491,327 | 19.8 | 46% |
In its most recent public year (2024), this organization brought in $491,327 more than it spent. Its reserves stood at about 19.8 months of spending, up from 13.4 in 2012. Staff pay was 46% of spending. $930,429 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 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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