Foundrymens Association Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 55,270 | 47,209 | 8,061 | 9.1 | — |
| 2020 | 46,020 | 50,395 | −4,375 | 7.5 | — |
| 2021 | 53,780 | 47,251 | 6,529 | 9.6 | — |
| 2022 | 56,047 | 56,179 | −132 | 8.1 | — |
| 2023 | 60,100 | 63,136 | −3,036 | 6.6 | — |
In its most recent public year (2023), this organization spent $3,036 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 9.1 in 2019.
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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