West Michigan Facilities Corporations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,148 | 129,554 | −44,406 | 75.6 | 0% |
| 2012 | 85,148 | 122,208 | −37,060 | 76.5 | 0% |
| 2013 | 571,484 | 156,395 | 415,089 | 91.6 | 0% |
| 2014 | 254,581 | 149,894 | 104,687 | 104.0 | 0% |
| 2015 | 1,950,568 | 187,716 | 1,762,852 | 195.7 | 0% |
| 2016 | 291,600 | 234,459 | 57,141 | 72.0 | 0% |
| 2017 | 49,677 | 229,080 | −179,403 | 64.3 | 0% |
| 2018 | 75,180 | 257,048 | −181,868 | 48.8 | 0% |
| 2019 | 115,800 | 284,619 | −168,819 | 36.9 | 0% |
| 2020 | 120,000 | 261,930 | −141,930 | 33.6 | 0% |
| 2021 | 76,500 | 174,793 | −98,293 | 43.7 | 0% |
| 2022 | 114,000 | 239,920 | −125,920 | 25.5 | 0% |
| 2023 | 135,600 | 244,604 | −109,004 | 19.7 | 0% |
In its most recent public year (2023), this organization spent $109,004 more than it brought in. Its reserves stood at about 19.7 months of spending, down from 75.6 in 2011. Staff pay was 0% 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
West Michigan Facilities Corporations'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