Michigan Lakes And Streams Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 134,965 | 132,443 | 2,522 | 11.6 | — |
| 2012 | 141,434 | 134,434 | 7,000 | 12.9 | — |
| 2013 | 153,223 | 158,810 | −5,587 | 11.9 | — |
| 2014 | 193,242 | 186,077 | 7,165 | 10.6 | 28% |
| 2015 | 167,206 | 196,702 | −29,496 | 8.2 | 53% |
| 2016 | 397,580 | 229,432 | 168,148 | 15.8 | 31% |
| 2017 | 293,797 | 271,254 | 22,543 | 14.4 | 47% |
| 2018 | 311,600 | 295,126 | 16,474 | 13.9 | 31% |
| 2019 | 310,140 | 279,667 | 30,473 | 15.9 | 0% |
| 2020 | 178,204 | 182,315 | −4,111 | 27.5 | 0% |
| 2021 | 292,169 | 175,225 | 116,944 | 33.4 | 16% |
| 2022 | 275,645 | 253,342 | 22,303 | 21.4 | 20% |
| 2023 | 303,445 | 260,245 | 43,200 | 25.4 | 27% |
In its most recent public year (2023), this organization brought in $43,200 more than it spent. Its reserves stood at about 25.4 months of spending, up from 11.6 in 2011. Staff pay was 27% 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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