Michigan Energy Options Fka Urban Options
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,815,298 | 1,822,549 | −7,251 | 4.1 | 24% |
| 2021 | 2,029,501 | 1,924,706 | 104,795 | 4.4 | 23% |
| 2022 | 2,384,619 | 2,442,892 | −58,273 | 3.0 | 17% |
| 2023 | 3,363,480 | 3,240,375 | 123,105 | 2.6 | 13% |
In its most recent public year (2023), this organization brought in $123,105 more than it spent. Its reserves stood at about 2.6 months of spending, down from 4.1 in 2020. Staff pay was 13% 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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