Michigan Chapter Of Sior
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 25,207 | 30,638 | −5,431 | 0.3 | — |
| 2018 | 27,035 | 22,393 | 4,642 | -2.2 | — |
| 2019 | 14,812 | 16,927 | −2,115 | 2.4 | — |
| 2020 | 24,666 | 5,272 | 19,394 | 46.1 | — |
In its most recent public year (2020), this organization brought in $19,394 more than it spent. Its reserves stood at about 46.1 months of spending, up from 0.3 in 2017.
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 2020. 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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