Adult Learning Systems-Lower Michigan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,693,007 | 6,439,235 | 253,772 | 4.0 | 66% |
| 2012 | 7,060,190 | 6,754,062 | 306,128 | 4.4 | 66% |
| 2013 | 7,476,937 | 7,224,476 | 252,461 | 4.6 | 65% |
| 2014 | 7,377,563 | 7,243,022 | 134,541 | 4.8 | 65% |
| 2015 | 7,835,239 | 7,700,342 | 134,897 | 4.7 | 65% |
| 2016 | 7,259,024 | 7,102,692 | 156,332 | 5.4 | 3% |
| 2018 | 6,242,399 | 6,110,616 | 131,783 | 6.8 | 3% |
| 2019 | 6,075,731 | 6,103,695 | −27,964 | 6.9 | 3% |
| 2020 | 6,897,157 | 7,130,585 | −233,428 | 5.6 | 3% |
| 2021 | 8,043,942 | 7,118,878 | 925,064 | 7.5 | 4% |
| 2022 | 8,079,439 | 7,724,438 | 355,001 | 6.7 | 3% |
| 2023 | 7,936,714 | 7,500,861 | 435,853 | 7.8 | 3% |
In its most recent public year (2023), this organization brought in $435,853 more than it spent. Its reserves stood at about 7.8 months of spending, up from 4 in 2011. Staff pay was 3% 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
Adult Learning Systems-Lower Michigan Inc'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