Oakland County Business Finance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 542,999 | 571,925 | −28,926 | 18.6 | 0% |
| 2021 | 672,142 | 537,233 | 134,909 | 22.8 | 0% |
| 2022 | 565,445 | 497,342 | 68,103 | 26.2 | 0% |
| 2023 | 632,276 | 535,120 | 97,156 | 26.6 | 0% |
In its most recent public year (2023), this organization brought in $97,156 more than it spent. Its reserves stood at about 26.6 months of spending, up from 18.6 in 2020. Staff pay was 0% 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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