The Economic Alliance For Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 511,268 | 442,261 | 69,007 | 20.4 | 82% |
| 2012 | 360,751 | 502,981 | −142,230 | 14.6 | 69% |
| 2013 | 357,103 | 422,832 | −65,729 | 15.5 | 79% |
| 2014 | 450,453 | 480,636 | −30,183 | 12.9 | 78% |
| 2015 | 421,766 | 457,953 | −36,187 | 12.5 | 85% |
| 2016 | 431,156 | 489,019 | −57,863 | 10.3 | 87% |
| 2017 | 400,398 | 428,095 | −27,697 | 11.0 | 81% |
| 2018 | 445,493 | 424,938 | 20,555 | 11.7 | 72% |
| 2019 | 449,962 | 455,187 | −5,225 | 10.6 | 69% |
| 2020 | 425,158 | 364,883 | 60,275 | 15.2 | 59% |
| 2021 | 547,748 | 500,791 | 46,957 | 12.2 | 58% |
| 2022 | 645,660 | 594,873 | 50,787 | 11.3 | 74% |
| 2023 | 805,023 | 787,316 | 17,707 | 8.9 | 44% |
In its most recent public year (2023), this organization brought in $17,707 more than it spent. Its reserves stood at about 8.9 months of spending, down from 20.4 in 2011. Staff pay was 44% 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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