Michigan Senior Olympics Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,392 | 91,124 | −5,732 | -2.6 | 0% |
| 2012 | 109,832 | 99,579 | 10,253 | -1.1 | — |
| 2013 | 91,021 | 105,575 | −14,554 | -2.7 | — |
| 2014 | 147,958 | 137,348 | 10,610 | -1.1 | — |
| 2015 | 230,213 | 167,498 | 62,715 | 3.6 | 0% |
| 2016 | 142,653 | 141,843 | 810 | 4.3 | 0% |
| 2017 | 135,238 | 137,287 | −2,049 | 4.2 | — |
| 2018 | 201,026 | 168,988 | 32,038 | 5.7 | 10% |
| 2019 | 182,838 | 183,969 | −1,131 | 5.2 | 46% |
| 2020 | 114,898 | 142,070 | −27,172 | 4.4 | 59% |
| 2021 | 177,907 | 168,395 | 9,512 | 4.4 | 43% |
| 2022 | 203,240 | 196,164 | 7,076 | 4.2 | 48% |
| 2023 | 202,644 | 201,697 | 947 | 4.1 | 48% |
In its most recent public year (2023), this organization brought in $947 more than it spent. Its reserves stood at about 4.1 months of spending, up from -2.6 in 2011. Staff pay was 48% 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
Michigan Senior Olympics Inc'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