Michigan Leagues Of Academic Games
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 258,400 | 247,994 | 10,406 | 3.7 | 0% |
| 2021 | 8,650 | 9,967 | −1,317 | 90.7 | 0% |
| 2022 | 150,886 | 152,358 | −1,472 | 5.8 | 0% |
| 2023 | 228,852 | 224,421 | 4,431 | 4.2 | 0% |
In its most recent public year (2023), this organization brought in $4,431 more than it spent. Its reserves stood at about 4.2 months of spending. 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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