Lansing Community College Chapt Of Mi Assoc For Higher Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 584,146 | 584,662 | −516 | 2.2 | 0% |
| 2012 | 533,885 | 527,755 | 6,130 | 2.6 | 18% |
| 2013 | 514,552 | 586,281 | −71,729 | 0.9 | 0% |
| 2014 | 532,297 | 482,515 | 49,782 | 3.8 | 20% |
| 2015 | 429,208 | 522,212 | −93,004 | 1.7 | 21% |
| 2016 | 398,444 | 432,624 | −34,180 | 2.6 | 27% |
| 2017 | 215,648 | 210,497 | 5,151 | 5.8 | 42% |
| 2018 | 324,387 | 380,525 | −56,138 | 1.7 | 24% |
| 2019 | 312,704 | 349,481 | −36,777 | 1.1 | 25% |
| 2020 | 314,023 | 316,419 | −2,396 | 1.7 | 29% |
| 2021 | 293,437 | 310,359 | −16,922 | 2.1 | 26% |
| 2022 | 289,363 | 282,489 | 6,874 | 3.2 | 26% |
| 2023 | 264,294 | 282,589 | −18,295 | 2.9 | 26% |
In its most recent public year (2023), this organization spent $18,295 more than it brought in. Its reserves stood at about 2.9 months of spending. Staff pay was 26% 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
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