Michigan Golf Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 69,557 | 17,486 | 52,071 | 40.3 | — |
| 2017 | 38,829 | 18,166 | 20,663 | 52.5 | — |
| 2018 | 36,268 | 75,982 | −39,714 | 6.2 | — |
| 2019 | 34,957 | 63,930 | −28,973 | 2.0 | — |
| 2020 | 38,901 | 27,947 | 10,954 | 9.3 | — |
| 2021 | 27,798 | 24,814 | 2,984 | 11.9 | — |
| 2022 | 18,213 | 18,531 | −318 | 15.8 | — |
| 2023 | 20,286 | 18,540 | 1,746 | 16.9 | — |
In its most recent public year (2023), this organization brought in $1,746 more than it spent. Its reserves stood at about 16.9 months of spending, down from 40.3 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
Michigan Golf 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