West Michigan Livestock Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 198,079 | 194,269 | 3,810 | 1.3 | 0% |
| 2021 | 238,192 | 244,863 | −6,671 | 0.7 | 0% |
| 2022 | 246,402 | 240,590 | 5,812 | 1.0 | 0% |
| 2023 | 272,394 | 270,132 | 2,262 | 1.0 | 0% |
In its most recent public year (2023), this organization brought in $2,262 more than it spent. Its reserves stood at about 1 months of spending. 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
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