Michigan Professional Credential Verification Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 879,084 | 922,099 | −43,015 | 5.3 | 0% |
| 2012 | 818,864 | 836,537 | −17,673 | 5.6 | 28% |
| 2013 | 916,964 | 932,995 | −16,031 | 4.8 | 32% |
| 2014 | 831,283 | 821,769 | 9,514 | 5.6 | 34% |
| 2015 | 809,994 | 784,571 | 25,423 | 6.2 | 35% |
| 2016 | 929,426 | 912,033 | 17,393 | 5.6 | 36% |
| 2017 | 814,425 | 851,937 | −37,512 | 5.5 | 32% |
| 2018 | 914,794 | 877,383 | 37,411 | 5.9 | 28% |
| 2019 | 670,440 | 954,174 | −283,734 | 1.8 | 29% |
| 2020 | 535,382 | 524,554 | 10,828 | 8.1 | 36% |
| 2021 | 542,867 | 463,428 | 79,439 | 11.3 | 39% |
| 2022 | 422,645 | 380,937 | 41,708 | 15.0 | 36% |
In its most recent public year (2022), this organization brought in $41,708 more than it spent. Its reserves stood at about 15 months of spending, up from 5.3 in 2011. Staff pay was 36% 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 2022. 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 Professional Credential Verification Services Inc's IRS filings as a feed — one entry per filing year, through 2022. 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