Operating record

Special Olympics Michigan Inc

Mount Pleasant, MI · EIN 38-1964643 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2019$8,798,956$6,898,162$1,900,79422.24%
2020$8,185,874$5,030,379$3,155,49540.35%
2021$10,034,005$5,231,733$4,802,27251.75%
2022$10,928,476$8,252,400$2,676,07633.24%
2023$15,441,956$9,412,062$6,029,89442.638%

In its most recent public year (2023), this organization brought in $6,029,894 more than it spent. Its reserves stood at about 42.6 months of spending, up from 22.2 in 2019. Staff pay was 38% of spending. $3,849,435 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 ↗