Michigan Seed Potato Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 208,974 | 206,842 | 2,132 | 12.4 | 42% |
| 2013 | 218,265 | 210,744 | 7,521 | 12.6 | 42% |
| 2014 | 200,702 | 209,266 | −8,564 | 12.8 | 46% |
| 2015 | 209,372 | 212,168 | −2,796 | 12.5 | 47% |
| 2016 | 221,189 | 222,221 | −1,032 | 11.7 | 46% |
| 2017 | 223,620 | 232,121 | −8,501 | 11.3 | 43% |
| 2018 | 256,893 | 258,344 | −1,451 | 10.4 | 41% |
| 2019 | 233,561 | 248,305 | −14,744 | 10.2 | 45% |
| 2020 | 276,351 | 270,731 | 5,620 | 9.8 | 42% |
| 2021 | 263,812 | 267,245 | −3,433 | 10.8 | 46% |
| 2022 | 248,848 | 273,198 | −24,350 | 9.6 | 47% |
| 2023 | 261,692 | 287,714 | −26,022 | 8.0 | 44% |
In its most recent public year (2023), this organization spent $26,022 more than it brought in. Its reserves stood at about 8 months of spending, down from 12.4 in 2012. Staff pay was 44% 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
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