Michigans Own Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 411,697 | 69,980 | 341,717 | 106.4 | 0% |
| 2013 | 112,292 | 78,844 | 33,448 | 99.5 | 23% |
| 2014 | 97,462 | 124,474 | −27,012 | 60.4 | 24% |
| 2015 | 127,932 | 155,651 | −27,719 | 46.2 | 41% |
| 2016 | 162,651 | 169,580 | −6,929 | 41.9 | 51% |
| 2017 | 433,044 | 177,794 | 255,250 | 57.2 | 51% |
| 2018 | 220,750 | 204,630 | 16,120 | 50.6 | 49% |
| 2019 | 194,270 | 129,659 | 64,611 | 82.0 | 46% |
| 2020 | 136,849 | 177,659 | −40,810 | 58.4 | 45% |
| 2021 | 234,884 | 161,940 | 72,944 | 72.6 | 37% |
| 2022 | 250,563 | 217,656 | 32,907 | 42.4 | 45% |
| 2023 | 370,139 | 245,944 | 124,195 | 43.6 | 50% |
In its most recent public year (2023), this organization brought in $124,195 more than it spent. Its reserves stood at about 43.6 months of spending, down from 106.4 in 2012. Staff pay was 50% 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
Michigans Own Inc'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