Tahquamenon Area Senior Citizens Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 58,152 | 54,953 | 3,199 | 44.2 | — |
| 2013 | 59,866 | 63,260 | −3,394 | 37.7 | — |
| 2014 | 56,810 | 63,596 | −6,786 | 36.3 | — |
| 2015 | 55,814 | 62,040 | −6,226 | 36.0 | — |
| 2016 | 34,621 | 44,068 | −9,447 | 48.1 | — |
| 2022 | 77,892 | 43,432 | 34,460 | 44.9 | — |
| 2023 | 86,513 | 58,492 | 28,021 | 39.1 | — |
In its most recent public year (2023), this organization brought in $28,021 more than it spent. Its reserves stood at about 39.1 months of spending, down from 44.2 in 2012.
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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