Michigan Ability Partners
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,150,429 | 2,307,414 | −156,985 | 1.3 | 47% |
| 2012 | 2,109,474 | 2,138,800 | −29,326 | 1.2 | 45% |
| 2013 | 2,226,828 | 2,134,459 | 92,369 | 1.7 | 39% |
| 2014 | 1,892,173 | 1,976,489 | −84,316 | 1.4 | 36% |
| 2015 | 1,727,268 | 1,774,768 | −47,500 | 1.2 | 46% |
| 2016 | 2,108,062 | 1,937,916 | 170,146 | 2.2 | 50% |
| 2017 | 2,238,559 | 2,247,879 | −9,320 | 1.8 | 50% |
| 2018 | 3,384,785 | 3,289,949 | 94,836 | 1.6 | 40% |
| 2019 | 3,300,174 | 3,270,458 | 29,716 | 1.7 | 37% |
| 2020 | 3,372,917 | 3,218,499 | 154,418 | 2.3 | 35% |
| 2021 | 3,541,666 | 3,426,792 | 114,874 | 2.6 | 36% |
| 2022 | 3,183,925 | 3,337,094 | −153,169 | 2.1 | 45% |
| 2023 | 3,374,715 | 3,351,032 | 23,683 | 1.9 | 44% |
In its most recent public year (2023), this organization brought in $23,683 more than it spent. Its reserves stood at about 1.9 months of spending. Staff pay was 44% of spending. $28,900 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
Michigan Ability Partners'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