Rotary Club Of Novi Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 66,773 | 28,152 | 38,621 | 34.8 | — |
| 2017 | 48,840 | 39,075 | 9,765 | 28.1 | — |
| 2018 | 59,206 | 41,231 | 17,975 | 31.8 | — |
| 2019 | 48,795 | 53,835 | −5,040 | 23.3 | — |
| 2020 | 67,312 | 52,175 | 15,137 | 27.5 | — |
| 2021 | 68,224 | 43,176 | 25,048 | 40.2 | — |
| 2022 | 105,292 | 52,937 | 52,355 | 43.6 | — |
| 2023 | 105,335 | 65,775 | 39,560 | 42.3 | — |
In its most recent public year (2023), this organization brought in $39,560 more than it spent. Its reserves stood at about 42.3 months of spending, up from 34.8 in 2016.
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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