Michigan Business Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 54,567 | 39,648 | 14,919 | 19.6 | — |
| 2016 | 46,473 | 51,052 | −4,579 | 14.1 | — |
| 2017 | 44,230 | 41,861 | 2,369 | 17.9 | — |
| 2018 | 40,249 | 53,214 | −12,965 | 11.2 | — |
| 2019 | 34,966 | 45,223 | −10,257 | 10.4 | — |
| 2020 | 8,605 | 10,988 | −2,383 | 40.2 | — |
| 2021 | 45,925 | 31,021 | 14,904 | 19.9 | — |
| 2022 | 61,669 | 35,276 | 26,393 | 26.5 | — |
In its most recent public year (2022), this organization brought in $26,393 more than it spent. Its reserves stood at about 26.5 months of spending, up from 19.6 in 2015.
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 2022. 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 Business Education's IRS filings as a feed — one entry per filing year, through 2022. 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