Michigan Association Of United Ways Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,294,737 | 4,274,388 | 20,349 | 1.1 | 34% |
| 2021 | 3,383,202 | 3,356,094 | 27,108 | 2.1 | 35% |
| 2022 | 16,073,660 | 15,954,657 | 119,003 | 0.5 | 10% |
| 2023 | 5,430,948 | 3,000,689 | 2,430,259 | 16.1 | 28% |
In its most recent public year (2023), this organization brought in $2,430,259 more than it spent. Its reserves stood at about 16.1 months of spending, up from 1.1 in 2020. Staff pay was 28% of spending. $3,616,538 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
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