Mid Michigan College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 353,524 | 137,276 | 216,248 | 183.9 | 0% |
| 2012 | 384,488 | 179,013 | 205,475 | 152.1 | 0% |
| 2013 | 4,256,321 | 193,592 | 4,062,729 | 404.0 | 0% |
| 2014 | 1,246,971 | 156,377 | 1,090,594 | 605.8 | 0% |
| 2015 | 485,084 | 3,263,022 | −2,777,938 | 18.5 | 0% |
| 2016 | 820,733 | 549,747 | 270,986 | 113.0 | 0% |
| 2017 | 352,300 | 813,391 | −461,091 | 73.9 | 0% |
| 2018 | 493,375 | 188,344 | 305,031 | 349.6 | 0% |
| 2019 | 546,309 | 602,733 | −56,424 | 108.2 | 0% |
| 2020 | 607,400 | 795,500 | −188,100 | 77.8 | 0% |
| 2021 | 571,889 | 521,806 | 50,083 | 145.9 | 0% |
| 2022 | 721,766 | 523,759 | 198,007 | 122.8 | 0% |
| 2023 | 438,666 | 571,661 | −132,995 | 119.4 | 0% |
In its most recent public year (2023), this organization spent $132,995 more than it brought in. Its reserves stood at about 119.4 months of spending, down from 183.9 in 2011. Staff pay was 0% of spending. $1,972,685 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
Mid Michigan College Foundation'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