Michigan Peer Review Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 6,711,240 | 6,985,537 | −274,297 | 15.7 | 53% |
| 2020 | 5,827,804 | 6,443,990 | −616,186 | 16.1 | 56% |
| 2021 | 6,482,241 | 6,923,910 | −441,669 | 16.0 | 53% |
| 2022 | 6,623,983 | 7,538,379 | −914,396 | 11.1 | 52% |
| 2023 | 10,471,418 | 9,313,013 | 1,158,405 | 11.1 | 51% |
In its most recent public year (2023), this organization brought in $1,158,405 more than it spent. Its reserves stood at about 11.1 months of spending, down from 15.7 in 2019. Staff pay was 51% 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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