Michigan Association Of Public School Adademies
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 550,267 | 270,064 | 280,203 | 12.5 | 0% |
| 2018 | 557,807 | 512,384 | 45,423 | 7.6 | 0% |
| 2019 | 752,435 | 717,902 | 34,533 | 6.0 | 0% |
| 2020 | 753,389 | 463,784 | 289,605 | 16.8 | 0% |
| 2021 | 889,572 | 658,135 | 231,437 | 16.1 | 0% |
| 2022 | 1,095,360 | 668,340 | 427,020 | 23.5 | 0% |
| 2023 | 1,445,129 | 917,658 | 527,471 | 24.0 | 0% |
In its most recent public year (2023), this organization brought in $527,471 more than it spent. Its reserves stood at about 24 months of spending, up from 12.5 in 2017. Staff pay was 0% 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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