Sterling Heights Area Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 57,530 | 33,806 | 23,724 | 165.0 | — |
| 2011 | 69,470 | 42,448 | 27,022 | 135.7 | — |
| 2012 | 60,962 | 39,561 | 21,401 | 160.5 | — |
| 2013 | 159,171 | 89,034 | 70,137 | 84.3 | 0% |
| 2014 | 200,726 | 128,410 | 72,316 | 64.5 | 0% |
| 2015 | 72,839 | 61,584 | 11,255 | 139.9 | 0% |
| 2016 | 89,738 | 43,040 | 46,698 | 213.3 | 0% |
| 2017 | 150,885 | 58,149 | 92,736 | 177.0 | 0% |
| 2018 | 13,108 | 43,390 | −30,282 | 220.9 | 0% |
| 2019 | 78,419 | 57,176 | 21,243 | 205.3 | 0% |
| 2020 | 71,775 | 44,662 | 27,113 | 321.0 | 0% |
| 2021 | 97,004 | 83,769 | 13,235 | 198.6 | 0% |
| 2022 | 102,069 | 63,556 | 38,513 | 241.9 | 0% |
| 2023 | 90,404 | 94,938 | −4,534 | 193.7 | 0% |
In its most recent public year (2023), this organization spent $4,534 more than it brought in. Its reserves stood at about 193.7 months of spending, up from 165 in 2010. Staff pay was 0% of spending. $1,435,598 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
Sterling Heights Area Community Foundation'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