Michigan Greyhound Connection
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,892 | 18,718 | −10,826 | 49.6 | — |
| 2012 | 13,482 | 14,403 | −921 | 63.9 | — |
| 2013 | 18,180 | 14,046 | 4,134 | 69.0 | — |
| 2014 | 23,164 | 18,831 | 4,333 | 54.2 | — |
| 2015 | 47,754 | 51,954 | −4,200 | 18.7 | — |
| 2016 | 24,828 | 29,845 | −5,017 | 30.5 | — |
| 2017 | 31,251 | 15,519 | 15,732 | 70.9 | — |
| 2018 | 13,233 | 23,177 | −9,944 | 42.3 | — |
| 2019 | 13,429 | 13,372 | 57 | 73.4 | — |
| 2020 | 12,061 | 13,785 | −1,724 | 69.7 | — |
| 2021 | 2,126 | 11,291 | −9,165 | 75.3 | — |
| 2022 | 3,600 | 4,103 | −503 | 205.8 | — |
| 2023 | 10,350 | 8,569 | 1,781 | 101.0 | — |
In its most recent public year (2023), this organization brought in $1,781 more than it spent. Its reserves stood at about 101 months of spending, up from 49.6 in 2011.
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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