Michigan Rural Water Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,460,412 | 1,470,742 | −10,330 | 3.9 | 47% |
| 2012 | 1,277,034 | 1,291,892 | −14,858 | 4.3 | 48% |
| 2013 | 1,229,823 | 1,414,132 | −184,309 | 2.3 | 46% |
| 2014 | 1,490,504 | 1,561,116 | −70,612 | 1.6 | 47% |
| 2015 | 1,665,777 | 1,569,150 | 96,627 | 2.2 | 46% |
| 2016 | 1,698,205 | 1,593,288 | 104,917 | 2.9 | 45% |
| 2017 | 1,949,160 | 1,888,079 | 61,081 | 2.8 | 39% |
| 2018 | 2,135,489 | 1,964,098 | 171,391 | 3.8 | 41% |
| 2019 | 2,329,944 | 2,071,020 | 258,924 | 5.1 | 41% |
| 2020 | 1,871,307 | 1,760,746 | 110,561 | 6.8 | 49% |
| 2021 | 2,238,062 | 2,156,222 | 81,840 | 6.1 | 42% |
| 2022 | 2,731,981 | 2,521,252 | 210,729 | 6.1 | 40% |
| 2023 | 2,911,800 | 2,764,915 | 146,885 | 6.4 | 40% |
In its most recent public year (2023), this organization brought in $146,885 more than it spent. Its reserves stood at about 6.4 months of spending, up from 3.9 in 2011. Staff pay was 40% 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 Rural Water Association'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