Michigan Rowing Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 64,067 | 46,415 | 17,652 | 22.7 | — |
| 2012 | 75,324 | 78,694 | −3,370 | 12.9 | — |
| 2013 | 236,666 | 238,035 | −1,369 | 5.0 | 8% |
| 2014 | 339,113 | 329,516 | 9,597 | 3.9 | 7% |
| 2015 | 363,516 | 371,571 | −8,055 | 3.2 | 11% |
| 2016 | 353,256 | 373,441 | −20,185 | 2.6 | 8% |
| 2017 | 320,715 | 266,674 | 54,041 | 6.1 | 10% |
| 2018 | 504,884 | 505,053 | −169 | 3.2 | 10% |
| 2019 | 316,746 | 299,076 | 17,670 | 6.1 | 11% |
| 2020 | 166,502 | 164,193 | 2,309 | 11.3 | 17% |
| 2021 | 208,962 | 137,800 | 71,162 | 20.0 | 19% |
| 2022 | 327,710 | 258,325 | 69,385 | 13.8 | 9% |
| 2023 | 889,892 | 474,821 | 415,071 | 17.9 | 6% |
In its most recent public year (2023), this organization brought in $415,071 more than it spent. Its reserves stood at about 17.9 months of spending, down from 22.7 in 2011. Staff pay was 6% 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
Michigan Rowing Association'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