Equality Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 599,139 | 868,236 | −269,097 | 5.5 | 52% |
| 2012 | 363,092 | 536,715 | −173,623 | 4.5 | 58% |
| 2013 | 440,099 | 459,607 | −19,508 | 4.7 | 52% |
| 2014 | 591,541 | 435,460 | 156,081 | 9.4 | 56% |
| 2015 | 606,323 | 589,062 | 17,261 | 7.2 | 53% |
| 2016 | 984,472 | 647,533 | 336,939 | 12.8 | 57% |
| 2017 | 546,076 | 893,856 | −347,780 | 5.6 | 53% |
| 2018 | 533,443 | 734,047 | −200,604 | 3.5 | 55% |
| 2019 | 645,716 | 529,570 | 116,146 | 7.7 | 46% |
| 2020 | 715,606 | 643,693 | 71,913 | 8.3 | 45% |
| 2021 | 765,979 | 667,296 | 98,683 | 10.0 | 36% |
| 2022 | 2,431,793 | 1,940,706 | 491,087 | 6.4 | 19% |
| 2023 | 1,327,946 | 1,050,087 | 277,859 | 15.1 | 60% |
In its most recent public year (2023), this organization brought in $277,859 more than it spent. Its reserves stood at about 15.1 months of spending, up from 5.5 in 2011. Staff pay was 60% of spending. $271,533 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
Equality Michigan'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