Michigan Chinese School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 27,539 | 27,546 | −7 | 18.7 | — |
| 2013 | 38,475 | 36,409 | 2,066 | 14.8 | — |
| 2014 | 37,518 | 37,702 | −184 | 14.3 | — |
| 2015 | 47,896 | 44,889 | 3,007 | 12.8 | — |
| 2016 | 46,957 | 47,418 | −461 | 12.0 | — |
| 2017 | 50,525 | 46,495 | 4,030 | 13.3 | — |
| 2018 | 39,378 | 42,921 | −3,543 | 13.4 | — |
| 2019 | 35,194 | 34,536 | 658 | 16.9 | — |
| 2020 | 35,928 | 31,585 | 4,343 | 20.1 | — |
| 2021 | 23,722 | 22,701 | 1,021 | 28.5 | — |
| 2022 | 36,005 | 33,719 | 2,286 | 20.0 | — |
| 2023 | 42,672 | 37,614 | 5,058 | 19.5 | — |
| 2024 | 42,237 | 36,207 | 6,030 | 22.3 | — |
In its most recent public year (2024), this organization brought in $6,030 more than it spent. Its reserves stood at about 22.3 months of spending, up from 18.7 in 2012.
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 2024. 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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