Michigan Gateway Comm Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 569,523 | 577,929 | −8,406 | 128.0 | 15% |
| 2013 | 740,747 | 522,236 | 218,511 | 154.9 | 17% |
| 2014 | 1,238,369 | 680,686 | 557,683 | 131.9 | 14% |
| 2015 | 1,192,003 | 722,654 | 469,349 | 129.4 | 14% |
| 2016 | 997,209 | 718,217 | 278,992 | 127.2 | 15% |
| 2017 | 9,852,809 | 1,156,239 | 8,696,570 | 175.3 | 10% |
| 2018 | 2,648,744 | 1,674,645 | 974,099 | 134.2 | 8% |
| 2019 | 2,526,064 | 1,526,796 | 999,268 | 153.9 | 10% |
| 2020 | 3,727,894 | 1,803,696 | 1,924,198 | 119.1 | 8% |
| 2021 | 1,267,445 | 1,352,725 | −85,280 | 217.3 | 13% |
| 2022 | 2,102,219 | 1,438,255 | 663,964 | 211.2 | 12% |
| 2023 | 1,805,104 | 1,693,060 | 112,044 | 164.3 | 11% |
| 2024 | 1,816,398 | 1,589,183 | 227,215 | 201.2 | 12% |
In its most recent public year (2024), this organization brought in $227,215 more than it spent. Its reserves stood at about 201.2 months of spending, up from 128 in 2012. Staff pay was 12% of spending. $347,247 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 2024. 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 Gateway Comm Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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