Mount Clemens Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 125,867 | 98,983 | 26,884 | 15.5 | — |
| 2020 | 41,160 | 32,269 | 8,891 | 50.7 | — |
| 2021 | 68,073 | 41,708 | 26,365 | 46.8 | — |
| 2022 | 53,051 | 73,297 | −20,246 | 23.3 | — |
| 2023 | 30,031 | 92,104 | −62,073 | 10.5 | — |
In its most recent public year (2023), this organization spent $62,073 more than it brought in. Its reserves stood at about 10.5 months of spending, down from 15.5 in 2019.
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
Mount Clemens 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