Davison Area Senior Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 38,125 | 60,103 | −21,978 | 220.2 | 20% |
| 2021 | 109,739 | 101,989 | 7,750 | 142.3 | 20% |
| 2022 | 30,834 | 89,932 | −59,098 | 129.9 | 28% |
| 2023 | 33,257 | 89,425 | −56,168 | 136.0 | 34% |
In its most recent public year (2023), this organization spent $56,168 more than it brought in. Its reserves stood at about 136 months of spending, down from 220.2 in 2020. Staff pay was 34% 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
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