Michigan Association For The Education Of Young Children
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,178,398 | 5,378,195 | −199,797 | 1.8 | 14% |
| 2021 | 5,382,397 | 5,204,423 | 177,974 | 2.3 | 14% |
| 2022 | 5,759,115 | 5,490,669 | 268,446 | 2.7 | 16% |
| 2023 | 6,708,877 | 6,608,724 | 100,153 | 2.4 | 17% |
In its most recent public year (2023), this organization brought in $100,153 more than it spent. Its reserves stood at about 2.4 months of spending. Staff pay was 17% of spending. $271,625 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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