Mid-Michigan Industries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,150,677 | 5,168,241 | −17,564 | 5.0 | 59% |
| 2012 | 5,107,410 | 5,086,851 | 20,559 | 5.2 | 60% |
| 2013 | 5,186,378 | 5,226,949 | −40,571 | 4.9 | 61% |
| 2014 | 5,630,130 | 5,638,645 | −8,515 | 4.6 | 60% |
| 2015 | 5,488,368 | 5,357,184 | 131,184 | 5.0 | 62% |
| 2016 | 5,353,316 | 5,382,823 | −29,507 | 5.0 | 62% |
| 2017 | 5,493,980 | 5,357,638 | 136,342 | 5.4 | 63% |
| 2018 | 5,922,695 | 5,567,704 | 354,991 | 5.9 | 66% |
| 2019 | 5,478,032 | 5,665,313 | −187,281 | 5.5 | 66% |
| 2020 | 5,182,622 | 5,403,685 | −221,063 | 5.3 | 67% |
| 2021 | 5,769,065 | 4,755,850 | 1,013,215 | 8.6 | 68% |
| 2022 | 5,762,803 | 5,636,129 | 126,674 | 7.4 | 68% |
| 2023 | 6,309,012 | 6,354,340 | −45,328 | 6.5 | 63% |
In its most recent public year (2023), this organization spent $45,328 more than it brought in. Its reserves stood at about 6.5 months of spending, up from 5 in 2011. Staff pay was 63% of spending. $9,000 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
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