Women Lawyers Association Of Michigan Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 34,897 | 47,702 | −12,805 | 31.2 | — |
| 2022 | 85,161 | 67,848 | 17,313 | 26.1 | — |
| 2023 | 70,199 | 59,580 | 10,619 | 31.8 | — |
In its most recent public year (2023), this organization brought in $10,619 more than it spent. Its reserves stood at about 31.8 months 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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