Michigan West Coast Chamber Of Commerce Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,968 | 3,766 | 1,202 | 604.7 | 0% |
| 2012 | 10,042 | 37,604 | −27,562 | 50.4 | 0% |
| 2013 | 4,226 | 8,567 | −4,341 | 230.5 | 0% |
| 2014 | 3,266 | 12,994 | −9,728 | 159.4 | 0% |
| 2015 | 3,436 | 10,023 | −6,587 | 195.2 | 0% |
| 2016 | 3,791 | 2,785 | 1,006 | 686.6 | 0% |
| 2017 | 28,416 | 6,517 | 21,899 | 356.7 | 0% |
| 2018 | 6,619 | 18,344 | −11,725 | 122.5 | — |
| 2019 | 4,663 | 55,576 | −50,913 | 29.9 | — |
| 2020 | 159,054 | 167,301 | −8,247 | 9.2 | — |
| 2021 | 54,716 | 52,589 | 2,127 | 33.7 | — |
| 2022 | 13,595 | 7,328 | 6,267 | 212.2 | — |
| 2023 | 3,112 | 4,417 | −1,305 | 363.9 | — |
In its most recent public year (2023), this organization spent $1,305 more than it brought in. Its reserves stood at about 363.9 months of spending, down from 604.7 in 2011.
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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