Michigan New Century Chinese Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 159,892 | 164,851 | −4,959 | 4.6 | — |
| 2012 | 173,782 | 164,483 | 9,299 | 5.3 | — |
| 2013 | 173,868 | 157,671 | 16,197 | 6.7 | — |
| 2014 | 178,692 | 167,695 | 10,997 | 7.1 | — |
| 2015 | 178,611 | 161,619 | 16,992 | 8.6 | — |
| 2016 | 171,537 | 157,328 | 14,209 | 10.0 | — |
| 2017 | 169,295 | 181,257 | −11,962 | 7.8 | — |
| 2018 | 3,020 | 165,466 | −162,446 | 8.8 | — |
| 2019 | 180,069 | 165,597 | 14,472 | 9.9 | — |
| 2020 | 177,333 | 149,120 | 28,213 | 13.2 | — |
| 2021 | 98,258 | 112,358 | −14,100 | 16.0 | — |
| 2022 | 129,378 | 115,866 | 13,512 | 16.9 | — |
| 2023 | 153,252 | 143,294 | 9,958 | 14.5 | — |
| 2024 | 190,107 | 166,755 | 23,352 | 14.2 | — |
In its most recent public year (2024), this organization brought in $23,352 more than it spent. Its reserves stood at about 14.2 months of spending, up from 4.6 in 2011.
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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