Research And Technology Institute Of West Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 85,000 | 87,886 | −2,886 | 6.9 | — |
| 2014 | 50,000 | 50,040 | −40 | 12.1 | — |
| 2015 | 54,500 | 56,834 | −2,334 | 10.1 | — |
| 2018 | 250,000 | 251,044 | −1,044 | 2.2 | 0% |
| 2019 | 170,000 | 177,078 | −7,078 | 2.7 | 0% |
| 2020 | 390,000 | 387,947 | 2,053 | 1.3 | 0% |
| 2021 | 100,000 | 105,955 | −5,955 | 4.0 | 0% |
| 2022 | 0 | 7,067 | −7,067 | 47.8 | — |
| 2023 | 0 | 1,000 | −1,000 | 325.8 | — |
In its most recent public year (2023), this organization spent $1,000 more than it brought in. Its reserves stood at about 325.8 months of spending, up from 6.9 in 2013.
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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