Michigan Association Of Centers For Independent Living
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 790,481 | 668,393 | 122,088 | 4.0 | 26% |
| 2012 | 170,440 | 194,819 | −24,379 | 12.2 | 38% |
| 2013 | 166,812 | 225,450 | −58,638 | 7.4 | 40% |
| 2014 | 355,040 | 368,398 | −13,358 | 4.1 | 0% |
| 2015 | 289,947 | 275,706 | 14,241 | 6.1 | 0% |
| 2016 | 264,324 | 243,467 | 20,857 | 7.9 | 0% |
| 2017 | 236,896 | 223,379 | 13,517 | 9.4 | 0% |
| 2018 | 313,013 | 425,141 | −112,128 | 1.8 | 0% |
| 2019 | 419,036 | 445,990 | −26,954 | 0.9 | 0% |
| 2020 | 394,949 | 360,973 | 33,976 | 2.3 | 0% |
| 2021 | 207,338 | 169,177 | 38,161 | 7.6 | 0% |
| 2022 | 354,921 | 295,529 | 59,392 | 6.8 | 0% |
| 2023 | 236,750 | 220,140 | 16,610 | 10.0 | 0% |
In its most recent public year (2023), this organization brought in $16,610 more than it spent. Its reserves stood at about 10 months of spending, up from 4 in 2011. 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
Michigan Association Of Centers For Independent Living'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