Independent Accountants Association Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 428,805 | 376,156 | 52,649 | 6.9 | 0% |
| 2012 | 356,747 | 370,308 | −13,561 | 7.6 | 0% |
| 2013 | 375,317 | 372,637 | 2,680 | 8.2 | 0% |
| 2014 | 390,257 | 379,004 | 11,253 | 8.9 | 0% |
| 2015 | 381,433 | 363,549 | 17,884 | 9.3 | 0% |
| 2016 | 275,843 | 309,420 | −33,577 | 10.5 | 0% |
| 2017 | 287,056 | 298,271 | −11,215 | 11.0 | 0% |
| 2018 | 370,748 | 379,369 | −8,621 | 8.6 | 0% |
| 2019 | 349,790 | 359,841 | −10,051 | 8.9 | 0% |
| 2020 | 308,605 | 306,583 | 2,022 | 10.4 | 0% |
| 2021 | 283,753 | 263,081 | 20,672 | 14.5 | 0% |
| 2022 | 328,730 | 291,220 | 37,510 | 11.9 | 0% |
| 2023 | 290,101 | 299,793 | −9,692 | 11.9 | 0% |
In its most recent public year (2023), this organization spent $9,692 more than it brought in. Its reserves stood at about 11.9 months of spending, up from 6.9 in 2011. 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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