Michigan Veterinary Medical Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,077,421 | 1,088,351 | −10,930 | 10.5 | 29% |
| 2012 | 1,136,070 | 1,056,137 | 79,933 | 11.6 | 31% |
| 2013 | 1,117,889 | 1,065,220 | 52,669 | 12.5 | 31% |
| 2014 | 1,107,977 | 1,094,099 | 13,878 | 12.1 | 32% |
| 2015 | 1,106,850 | 1,129,703 | −22,853 | 11.3 | 31% |
| 2016 | 1,194,849 | 1,157,538 | 37,311 | 11.6 | 32% |
| 2017 | 1,286,922 | 1,171,154 | 115,768 | 13.2 | 32% |
| 2018 | 1,335,916 | 1,187,345 | 148,571 | 13.6 | 33% |
| 2019 | 1,480,335 | 1,324,809 | 155,526 | 14.1 | 33% |
| 2020 | 1,189,414 | 1,183,575 | 5,839 | 16.7 | 37% |
| 2021 | 1,300,654 | 1,336,904 | −36,250 | 14.6 | 37% |
| 2022 | 1,299,908 | 1,381,897 | −81,989 | 11.7 | 37% |
| 2023 | 1,341,925 | 1,401,436 | −59,511 | 12.1 | 37% |
In its most recent public year (2023), this organization spent $59,511 more than it brought in. Its reserves stood at about 12.1 months of spending, up from 10.5 in 2011. Staff pay was 37% 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 Veterinary Medical Assn'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