Michigan Statewide Independent Living Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 486,842 | 453,445 | 33,397 | 2.3 | 41% |
| 2012 | 421,428 | 431,375 | −9,947 | 2.1 | 43% |
| 2013 | 412,707 | 431,545 | −18,838 | 1.6 | 44% |
| 2014 | 392,518 | 396,707 | −4,189 | 1.6 | 43% |
| 2015 | 419,436 | 410,317 | 9,119 | 1.8 | 41% |
| 2016 | 411,551 | 408,822 | 2,729 | 1.9 | 46% |
| 2017 | 424,101 | 423,655 | 446 | 1.9 | 42% |
| 2018 | 477,076 | 476,974 | 102 | 1.7 | 50% |
| 2019 | 352,085 | 365,878 | −13,793 | 1.7 | 44% |
| 2020 | 268,486 | 268,994 | −508 | 2.3 | 54% |
| 2021 | 274,886 | 276,995 | −2,109 | 2.2 | 53% |
| 2022 | 310,680 | 310,919 | −239 | 1.9 | 50% |
In its most recent public year (2022), this organization spent $239 more than it brought in. Its reserves stood at about 1.9 months of spending. Staff pay was 50% 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 2022. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works