Life Challenge Of Southeastern Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,176,235 | 1,198,077 | −21,842 | 7.5 | 34% |
| 2012 | 1,353,601 | 1,189,302 | 164,299 | 9.2 | 37% |
| 2013 | 1,321,852 | 1,285,082 | 36,770 | 8.9 | 39% |
| 2014 | 1,212,224 | 1,356,956 | −144,732 | 7.2 | 41% |
| 2015 | 1,294,980 | 1,276,067 | 18,913 | 7.8 | 44% |
| 2016 | 1,355,436 | 1,308,293 | 47,143 | 8.1 | 43% |
| 2017 | 1,537,905 | 1,401,817 | 136,088 | 8.8 | 44% |
| 2018 | 1,527,890 | 1,548,921 | −21,031 | 7.7 | 43% |
| 2019 | 1,481,927 | 1,417,198 | 64,729 | 9.2 | 43% |
| 2020 | 1,649,969 | 1,511,810 | 138,159 | 9.8 | 45% |
| 2021 | 1,865,861 | 1,486,683 | 379,178 | 13.1 | 39% |
| 2022 | 1,438,361 | 1,456,750 | −18,389 | 12.4 | 37% |
| 2023 | 1,488,227 | 1,562,982 | −74,755 | 11.6 | 38% |
In its most recent public year (2023), this organization spent $74,755 more than it brought in. Its reserves stood at about 11.6 months of spending, up from 7.5 in 2011. Staff pay was 38% of spending. $437,860 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
Life Challenge Of Southeastern Michigan'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