Michigan Engineers Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,250 | 3,678 | 3,572 | 32.7 | — |
| 2012 | 7,726 | 10,688 | −2,962 | 7.9 | — |
| 2013 | 7,585 | 6,196 | 1,389 | 16.4 | — |
| 2014 | 10,760 | 15,424 | −4,664 | 3.0 | — |
| 2015 | 9,775 | 9,579 | 196 | 5.0 | — |
| 2016 | 18,850 | 11,575 | 7,275 | 11.7 | — |
| 2017 | 11,635 | 9,811 | 1,824 | 16.0 | — |
| 2018 | 10,753 | 12,530 | −1,777 | 10.8 | — |
| 2019 | 9,678 | 10,268 | −590 | 12.5 | — |
| 2020 | 4,651 | 5,545 | −894 | 21.3 | — |
| 2021 | 9,357 | 1,926 | 7,431 | 107.5 | — |
| 2022 | 5,285 | 6,783 | −1,498 | 27.9 | — |
| 2023 | 8,735 | 8,665 | 70 | 21.9 | — |
In its most recent public year (2023), this organization brought in $70 more than it spent. Its reserves stood at about 21.9 months of spending, down from 32.7 in 2011.
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
Michigan Engineers Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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