Versiti Michigan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 41,439,374 | 41,476,347 | −36,973 | 7.5 | 36% |
| 2013 | 24,079,616 | 21,181,588 | 2,898,028 | 16.8 | 37% |
| 2014 | 44,041,354 | 41,902,724 | 2,138,630 | 8.4 | 39% |
| 2015 | 47,589,538 | 47,620,881 | −31,343 | 7.2 | 36% |
| 2016 | 56,801,975 | 57,065,989 | −264,014 | 6.0 | 31% |
| 2017 | 56,579,937 | 55,139,545 | 1,440,392 | 6.7 | 32% |
| 2018 | 56,063,207 | 56,714,128 | −650,921 | 6.2 | 32% |
| 2019 | 58,063,694 | 59,125,807 | −1,062,113 | 6.0 | 29% |
| 2020 | 59,930,263 | 58,580,268 | 1,349,995 | 6.6 | 31% |
| 2021 | 66,476,683 | 63,171,008 | 3,305,675 | 6.8 | 32% |
| 2022 | 65,203,787 | 63,869,912 | 1,333,875 | 6.6 | 34% |
| 2023 | 69,044,445 | 65,377,053 | 3,667,392 | 7.1 | 36% |
In its most recent public year (2023), this organization brought in $3,667,392 more than it spent. Its reserves stood at about 7.1 months of spending. Staff pay was 36% 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
Versiti Michigan 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