Michigan Running Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 174,153 | 155,620 | 18,533 | 6.0 | 0% |
| 2012 | 209,105 | 159,585 | 49,520 | 10.0 | 0% |
| 2013 | 331,755 | 283,173 | 48,582 | 8.3 | 0% |
| 2014 | 274,182 | 225,668 | 48,514 | 13.8 | 0% |
| 2015 | 294,739 | 256,097 | 38,642 | 13.5 | 0% |
| 2016 | 311,790 | 276,955 | 34,835 | 15.1 | 0% |
| 2017 | 336,682 | 310,051 | 26,631 | 15.8 | 0% |
| 2018 | 343,386 | 305,810 | 37,576 | 15.9 | 17% |
| 2019 | 398,447 | 300,722 | 97,725 | 23.0 | 23% |
| 2020 | 114,628 | 136,051 | −21,423 | 49.8 | 26% |
| 2021 | 248,562 | 186,754 | 61,808 | 46.8 | 29% |
| 2022 | 301,674 | 267,021 | 34,653 | 28.6 | 26% |
| 2023 | 429,748 | 330,209 | 99,539 | 26.2 | 31% |
In its most recent public year (2023), this organization brought in $99,539 more than it spent. Its reserves stood at about 26.2 months of spending, up from 6 in 2011. Staff pay was 31% 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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