Michigan Institute Of Laundering & Drycleaning Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 99,584 | 74,331 | 25,253 | 6.8 | — |
| 2012 | 118,076 | 66,569 | 51,507 | 17.0 | — |
| 2013 | 207,370 | 153,810 | 53,560 | 11.5 | 0% |
| 2014 | 172,577 | 101,903 | 70,674 | 25.6 | — |
| 2015 | 169,436 | 140,148 | 29,288 | 21.1 | — |
| 2016 | 178,418 | 182,768 | −4,350 | 16.7 | — |
| 2017 | 166,405 | 120,925 | 45,480 | 31.5 | — |
| 2018 | 177,277 | 122,647 | 54,630 | 35.0 | — |
| 2019 | 160,881 | 119,471 | 41,410 | 42.9 | — |
| 2020 | 154,290 | 102,806 | 51,484 | 57.8 | 0% |
| 2021 | 223,960 | 112,149 | 111,811 | 58.9 | 0% |
| 2022 | 153,799 | 134,171 | 19,628 | 46.9 | 0% |
| 2023 | 139,430 | 107,216 | 32,214 | 68.8 | 0% |
In its most recent public year (2023), this organization brought in $32,214 more than it spent. Its reserves stood at about 68.8 months of spending, up from 6.8 in 2011. Staff pay was 0% 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
Michigan Institute Of Laundering & Drycleaning Inc'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