Area Agencies On Aging Association Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 265,022 | 257,786 | 7,236 | 9.0 | 29% |
| 2012 | 232,897 | 221,339 | 11,558 | 11.1 | 34% |
| 2013 | 312,891 | 288,609 | 24,282 | 9.5 | 27% |
| 2014 | 306,339 | 323,605 | −17,266 | 7.9 | 26% |
| 2015 | 2,792,456 | 2,661,749 | 130,707 | 1.5 | 3% |
| 2016 | 2,748,431 | 2,507,787 | 240,644 | 2.8 | 4% |
| 2017 | 204,910 | 602,013 | −397,103 | 3.7 | 16% |
| 2018 | 255,529 | 282,681 | −27,152 | 6.7 | 26% |
| 2019 | 616,584 | 642,771 | −26,187 | 2.5 | 20% |
| 2020 | 532,722 | 575,546 | −42,824 | 1.9 | 31% |
| 2021 | 408,711 | 349,451 | 59,260 | 5.1 | 41% |
| 2022 | 421,404 | 413,484 | 7,920 | 4.6 | 39% |
| 2023 | 598,845 | 603,186 | −4,341 | 3.0 | 27% |
In its most recent public year (2023), this organization spent $4,341 more than it brought in. Its reserves stood at about 3 months of spending, down from 9 in 2011. Staff pay was 27% 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
Area Agencies On Aging Association Of 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