Nami Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 358,141 | 361,278 | −3,137 | 2.5 | 37% |
| 2012 | 343,515 | 319,738 | 23,777 | 4.7 | 45% |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 389,197 | 309,521 | 79,676 | 4.9 | 38% |
| 2015 | 305,014 | 269,374 | 35,640 | 7.2 | 34% |
| 2016 | 449,921 | 259,482 | 190,439 | 19.4 | 37% |
| 2017 | 463,015 | 370,538 | 92,477 | 14.9 | 30% |
| 2018 | 525,911 | 438,556 | 87,355 | 15.5 | 23% |
| 2019 | 433,931 | 497,349 | −63,418 | 12.6 | 30% |
| 2020 | 229,497 | 284,509 | −55,012 | 20.0 | 55% |
| 2021 | 498,645 | 328,958 | 169,687 | 24.0 | 41% |
| 2022 | 703,784 | 460,243 | 243,541 | 23.0 | 34% |
| 2023 | 530,852 | 392,865 | 137,987 | 32.8 | 38% |
In its most recent public year (2023), this organization brought in $137,987 more than it spent. Its reserves stood at about 32.8 months of spending, up from 2.5 in 2011. Staff pay was 38% of spending. $78,908 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
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