Michigan Health Improvement Alliance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 376,024 | 74,472 | 301,552 | 48.6 | 35% |
| 2012 | 178,718 | 221,589 | −42,871 | 11.4 | 48% |
| 2013 | 540,687 | 309,188 | 231,499 | 17.4 | 43% |
| 2014 | 624,450 | 329,492 | 294,958 | 27.1 | 40% |
| 2015 | 99,308 | 412,739 | −313,431 | 12.5 | 31% |
| 2016 | 249,355 | 431,391 | −182,036 | 6.9 | 32% |
| 2017 | 877,726 | 586,022 | 291,704 | 11.1 | 32% |
| 2018 | 1,041,185 | 519,656 | 521,529 | 24.5 | 31% |
| 2019 | 1,319,582 | 759,255 | 560,327 | 25.6 | 38% |
| 2020 | 1,456,216 | 1,208,281 | 247,935 | 18.6 | 32% |
| 2021 | 1,446,604 | 1,562,889 | −116,285 | 13.5 | 38% |
| 2022 | 1,515,933 | 1,679,436 | −163,503 | 11.4 | 45% |
| 2023 | 548,824 | 1,439,767 | −890,943 | 5.8 | 42% |
In its most recent public year (2023), this organization spent $890,943 more than it brought in. Its reserves stood at about 5.8 months of spending, down from 48.6 in 2011. Staff pay was 42% of spending. $547,106 of its net assets are donor-restricted.
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
Michigan Health Improvement Alliance Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works