everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Mechanical Industry Fund Inc

Gladstone, MI / EIN 38-3337968 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201160,79270,762−9,97028.714%
201286,59161,50025,09137.99%
201394,87382,87411,99929.90%
2014106,99164,83942,15246.00%
201555,52256,586−1,06452.50%
201673,22481,823−8,59935.00%
2017126,99775,21351,78446.40%
201887,73375,99311,74047.80%
2019125,05649,00476,05292.70%
202083,72265,57618,14672.60%
2021102,79058,27744,51390.80%
202226,24575,831−49,58662.00%
2023121,34273,87347,46971.30%

In its most recent public year (2023), this organization brought in $47,469 more than it spent. Its reserves stood at about 71.3 months of spending, up from 28.7 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

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