Michigan Retailers Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 99,192 | 59,361 | 39,831 | 255.3 | 0% |
| 2012 | 92,125 | 83,818 | 8,307 | 177.3 | 0% |
| 2013 | 183,865 | 78,047 | 105,818 | 203.1 | 0% |
| 2014 | 123,945 | 78,455 | 45,490 | 224.0 | 0% |
| 2015 | 93,874 | 81,341 | 12,533 | 203.0 | 0% |
| 2016 | 44,248 | 81,933 | −37,685 | 192.8 | 0% |
| 2017 | 121,464 | 66,382 | 55,082 | 251.5 | 0% |
| 2018 | 322,242 | 80,047 | 242,195 | 245.4 | 0% |
| 2019 | 107,202 | 87,361 | 19,841 | 238.8 | 0% |
| 2020 | 179,393 | 90,237 | 89,156 | 235.3 | 0% |
| 2021 | 123,287 | 97,368 | 25,919 | 268.0 | 0% |
| 2022 | 104,231 | 107,787 | −3,556 | 209.3 | 0% |
| 2023 | 365,589 | 99,713 | 265,876 | 239.5 | 0% |
In its most recent public year (2023), this organization brought in $265,876 more than it spent. Its reserves stood at about 239.5 months of spending, down from 255.3 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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