Michigan Colleges Alliance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,036,876 | 1,250,349 | 786,527 | 22.1 | 28% |
| 2012 | 2,372,311 | 1,486,734 | 885,577 | 25.3 | 33% |
| 2013 | 2,132,798 | 1,655,923 | 476,875 | 25.9 | 27% |
| 2014 | 1,634,917 | 1,437,627 | 197,290 | 33.9 | 31% |
| 2015 | 1,510,759 | 1,519,211 | −8,452 | 30.3 | 33% |
| 2016 | 2,192,298 | 1,899,428 | 292,870 | 26.4 | 27% |
| 2017 | 2,521,465 | 2,330,583 | 190,882 | 22.4 | 24% |
| 2018 | 3,360,609 | 3,172,942 | 187,667 | 17.3 | 21% |
| 2019 | 4,020,903 | 3,744,389 | 276,514 | 15.6 | 20% |
| 2020 | 3,838,330 | 3,526,776 | 311,554 | 17.4 | 18% |
| 2021 | 4,843,154 | 4,913,095 | −69,941 | 13.9 | 15% |
| 2022 | 4,811,451 | 4,854,426 | −42,975 | 12.3 | 18% |
| 2023 | 5,230,377 | 5,216,099 | 14,278 | 12.1 | 18% |
In its most recent public year (2023), this organization brought in $14,278 more than it spent. Its reserves stood at about 12.1 months of spending, down from 22.1 in 2011. Staff pay was 18% of spending. $4,131,399 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 Colleges Alliance'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