Black Caucus Foundation Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 378,345 | 465,437 | −87,092 | -0.2 | 2% |
| 2013 | 266,535 | 256,739 | 9,796 | 0.1 | 12% |
| 2014 | 273,508 | 241,180 | 32,328 | 1.7 | 24% |
| 2015 | 212,820 | 251,776 | −38,956 | -0.2 | 23% |
| 2016 | 281,541 | 266,207 | 15,334 | 0.5 | 25% |
| 2017 | 326,066 | 311,769 | 14,297 | 1.0 | 0% |
| 2018 | 463,201 | 410,713 | 52,488 | 2.1 | 17% |
| 2019 | 322,720 | 349,739 | −27,019 | 1.6 | 42% |
| 2020 | 520,325 | 327,590 | 192,735 | 8.7 | 30% |
| 2021 | 245,564 | 265,005 | −19,441 | 9.9 | 49% |
| 2022 | 479,578 | 377,840 | 101,738 | 8.1 | 30% |
| 2023 | 342,840 | 439,171 | −96,331 | 4.4 | 57% |
In its most recent public year (2023), this organization spent $96,331 more than it brought in. Its reserves stood at about 4.4 months of spending, up from -0.2 in 2012. Staff pay was 57% 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
Black Caucus Foundation 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