Mclaren Northern Michigan Foundatio N
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 5,087,443 | 11,926,291 | −6,838,848 | 17.7 | 1% |
| 2011 | 6,842,952 | 7,937,423 | −1,094,471 | 28.6 | 10% |
| 2012 | 3,493,285 | 2,655,692 | 837,593 | 96.3 | 25% |
| 2013 | 6,091,108 | 4,211,673 | 1,879,435 | 69.4 | 19% |
| 2014 | 6,015,982 | 4,349,253 | 1,666,729 | 73.5 | 18% |
| 2015 | 5,783,884 | 4,863,577 | 920,307 | 64.9 | 18% |
| 2016 | 7,229,785 | 5,363,215 | 1,866,570 | 63.0 | 19% |
| 2017 | 18,425,058 | 6,620,610 | 11,804,448 | 75.1 | 20% |
| 2018 | 20,009,270 | 9,771,896 | 10,237,374 | 63.7 | 15% |
| 2019 | 10,562,404 | 11,116,669 | −554,265 | 54.7 | 14% |
| 2020 | 10,250,683 | 10,139,067 | 111,616 | 60.8 | 15% |
| 2021 | 13,487,084 | 12,719,088 | 767,996 | 52.3 | 10% |
| 2022 | 9,247,585 | 13,819,071 | −4,571,486 | 36.0 | 9% |
| 2023 | 5,308,023 | 16,479,285 | −11,171,262 | 24.8 | 8% |
In its most recent public year (2023), this organization spent $11,171,262 more than it brought in. Its reserves stood at about 24.8 months of spending, up from 17.7 in 2010. Staff pay was 8% of spending. $30,760,211 of its net assets are donor-restricted.
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
Mclaren Northern Michigan Foundatio N'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