Elder Law Of Michigan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,478,014 | 1,686,127 | −208,113 | 3.9 | 58% |
| 2012 | 1,618,655 | 1,774,053 | −155,398 | 2.6 | 52% |
| 2013 | 1,686,006 | 1,557,117 | 128,889 | 4.0 | 55% |
| 2014 | 1,928,406 | 1,930,415 | −2,009 | 3.2 | 57% |
| 2015 | 2,221,332 | 2,385,371 | −164,039 | 1.8 | 53% |
| 2016 | 2,201,793 | 2,159,342 | 42,451 | 2.2 | 45% |
| 2017 | 1,603,517 | 1,691,588 | −88,071 | 2.2 | 51% |
| 2018 | 1,626,384 | 1,552,653 | 73,731 | 2.9 | 51% |
| 2019 | 2,126,600 | 1,886,436 | 240,164 | 3.9 | 45% |
| 2020 | 1,742,383 | 1,796,500 | −54,117 | 3.8 | 54% |
| 2021 | 1,634,093 | 1,612,500 | 21,593 | 4.4 | 53% |
| 2022 | 1,822,438 | 1,513,053 | 309,385 | 7.1 | 52% |
| 2023 | 1,478,472 | 1,310,751 | 167,721 | 9.7 | 53% |
In its most recent public year (2023), this organization brought in $167,721 more than it spent. Its reserves stood at about 9.7 months of spending, up from 3.9 in 2011. Staff pay was 53% of spending. $400,391 of its net assets are donor-restricted.
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
Elder Law Of Michigan 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