Save The Michaels Of The World Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 214,426 | 137,371 | 77,055 | 11.0 | 6% |
| 2018 | 684,345 | 543,399 | 140,946 | 4.6 | 40% |
| 2019 | 1,403,947 | 1,233,881 | 170,066 | 3.7 | 53% |
| 2020 | 1,577,547 | 1,400,195 | 177,352 | 4.8 | 53% |
| 2021 | 2,150,988 | 1,840,868 | 310,120 | 5.6 | 51% |
| 2022 | 2,555,494 | 2,497,837 | 57,657 | 4.4 | 53% |
| 2023 | 4,156,612 | 3,687,592 | 469,020 | 4.5 | 52% |
In its most recent public year (2023), this organization brought in $469,020 more than it spent. Its reserves stood at about 4.5 months of spending, down from 11 in 2017. Staff pay was 52% 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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