Teaching Family Homes Of Upper Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,791,786 | 3,737,204 | 54,582 | 0.6 | 45% |
| 2012 | 3,735,021 | 3,759,037 | −24,016 | 0.5 | 45% |
| 2013 | 4,211,932 | 4,209,477 | 2,455 | 0.5 | 48% |
| 2014 | 4,045,906 | 4,211,627 | −165,721 | 0.0 | 46% |
| 2015 | 3,622,238 | 3,622,107 | 131 | 0.0 | 46% |
| 2016 | 3,601,553 | 3,594,994 | 6,559 | 0.0 | 46% |
| 2017 | 3,922,883 | 3,901,656 | 21,227 | 0.1 | 50% |
| 2018 | 4,437,269 | 4,250,186 | 187,083 | 0.6 | 53% |
| 2019 | 4,550,382 | 4,745,094 | −194,712 | 0.1 | 57% |
| 2020 | 3,721,594 | 4,369,213 | −647,619 | -1.7 | 54% |
| 2021 | 3,229,035 | 3,199,657 | 29,378 | -2.1 | 50% |
| 2022 | 3,714,411 | 3,255,233 | 459,178 | -0.4 | 53% |
| 2023 | 4,132,421 | 3,386,452 | 745,969 | 2.2 | 58% |
In its most recent public year (2023), this organization brought in $745,969 more than it spent. Its reserves stood at about 2.2 months of spending, up from 0.6 in 2011. Staff pay was 58% 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
Teaching Family Homes Of Upper Michigan'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