Michigan Association Of Retired School Personnel
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,181,389 | 1,030,218 | 151,171 | 16.9 | 26% |
| 2013 | 1,147,711 | 1,102,092 | 45,619 | 16.3 | 26% |
| 2014 | 1,095,802 | 1,117,117 | −21,315 | 15.8 | 28% |
| 2015 | 1,053,302 | 1,186,453 | −133,151 | 13.6 | 29% |
| 2016 | 1,228,804 | 1,207,698 | 21,106 | 13.5 | 30% |
| 2017 | 1,170,893 | 1,246,854 | −75,961 | 12.4 | 30% |
| 2018 | 1,140,821 | 1,199,377 | −58,556 | 12.3 | 32% |
| 2019 | 1,098,695 | 1,233,326 | −134,631 | 10.6 | 32% |
| 2020 | 1,063,097 | 1,250,409 | −187,312 | 8.7 | 37% |
| 2021 | 1,078,070 | 1,136,097 | −58,027 | 9.0 | 37% |
| 2022 | 1,337,224 | 1,130,078 | 207,146 | 11.2 | 41% |
| 2023 | 910,364 | 1,017,542 | −107,178 | 11.2 | 47% |
In its most recent public year (2023), this organization spent $107,178 more than it brought in. Its reserves stood at about 11.2 months of spending, down from 16.9 in 2012. Staff pay was 47% of spending. $136,413 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
Michigan Association Of Retired School Personnel'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