Houghton-Portage Township Schools Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 345,026 | 31,670 | 313,356 | 178.7 | 0% |
| 2019 | 178,853 | 29,288 | 149,565 | 261.4 | 0% |
| 2020 | 32,412 | 35,018 | −2,606 | 216.8 | 0% |
| 2021 | 209,234 | 74,633 | 134,601 | 148.4 | 0% |
| 2022 | 65,080 | 65,400 | −320 | 142.3 | 0% |
| 2023 | 26,211 | 75,759 | −49,548 | 119.3 | 0% |
In its most recent public year (2023), this organization spent $49,548 more than it brought in. Its reserves stood at about 119.3 months of spending, down from 178.7 in 2017. 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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