Michigan Family Resources
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,741,192 | 12,827,533 | −86,341 | -0.3 | 53% |
| 2012 | 12,779,059 | 12,870,739 | −91,680 | -0.3 | 52% |
| 2013 | 11,973,541 | 12,082,279 | −108,738 | -0.5 | 52% |
| 2014 | 13,189,773 | 13,174,708 | 15,065 | -0.4 | 54% |
| 2015 | 16,698,529 | 16,650,934 | 47,595 | -0.3 | 54% |
| 2016 | 18,212,197 | 18,220,192 | −7,995 | -0.3 | 53% |
| 2017 | 20,520,389 | 20,502,791 | 17,598 | -0.2 | 53% |
| 2018 | 21,105,321 | 21,114,831 | −9,510 | -0.2 | 58% |
| 2019 | 25,256,526 | 24,968,931 | 287,595 | -0.1 | 53% |
| 2020 | 26,551,383 | 26,367,515 | 183,868 | 0.0 | 60% |
| 2021 | 26,894,866 | 26,738,688 | 156,178 | 0.1 | 58% |
| 2022 | 27,521,715 | 27,511,418 | 10,297 | 0.1 | 55% |
| 2023 | 29,671,414 | 29,826,097 | −154,683 | 0.0 | 51% |
In its most recent public year (2023), this organization spent $154,683 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 51% 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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