Southeastern Michigan Veterinary Medical Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 144,244 | 129,617 | 14,627 | 21.0 | — |
| 2012 | 111,482 | 105,610 | 5,872 | 26.0 | — |
| 2013 | 138,511 | 121,222 | 17,289 | 25.2 | — |
| 2014 | 105,720 | 108,637 | −2,917 | 29.5 | — |
| 2015 | 126,639 | 104,090 | 22,549 | 32.5 | — |
| 2016 | 126,414 | 108,411 | 18,003 | 30.8 | — |
| 2017 | 135,792 | 122,383 | 13,409 | 30.3 | — |
| 2018 | 117,517 | 135,500 | −17,983 | 26.7 | — |
| 2019 | 135,929 | 120,051 | 15,878 | 31.5 | — |
| 2020 | 145,600 | 114,182 | 31,418 | 33.7 | 21% |
| 2021 | 86,794 | 76,149 | 10,645 | 57.7 | 33% |
| 2022 | 107,457 | 119,747 | −12,290 | 31.3 | 21% |
| 2023 | 110,805 | 139,425 | −28,620 | 24.9 | 18% |
| 2024 | 115,218 | 155,529 | −40,311 | 20.7 | 16% |
In its most recent public year (2024), this organization spent $40,311 more than it brought in. Its reserves stood at about 20.7 months of spending. Staff pay was 16% 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 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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