Michigan Delta Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 286,079 | 225,991 | 60,088 | 21.0 | 0% |
| 2021 | 300,879 | 251,414 | 49,465 | 21.2 | 0% |
| 2022 | 321,449 | 280,359 | 41,090 | 20.8 | 0% |
| 2023 | 427,705 | 258,275 | 169,430 | 30.4 | 0% |
In its most recent public year (2023), this organization brought in $169,430 more than it spent. Its reserves stood at about 30.4 months of spending, up from 21 in 2020. 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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