Advancing Macomb Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 35,502 | 0 | 35,502 | — | — |
| 2015 | 164,374 | 79,518 | 84,856 | 21.9 | — |
| 2016 | 136,451 | 130,202 | 6,249 | 14.0 | — |
| 2017 | 263,926 | 319,959 | −56,033 | 3.6 | 34% |
| 2018 | 154,053 | 156,554 | −2,501 | 7.1 | — |
| 2019 | 168,902 | 151,661 | 17,241 | 8.7 | — |
| 2020 | 267,845 | 192,472 | 75,373 | 15.3 | 51% |
| 2021 | 389,002 | 350,354 | 38,648 | 10.9 | 35% |
| 2022 | 208,307 | 403,206 | −194,899 | 4.4 | 31% |
| 2023 | 1,384,777 | 337,018 | 1,047,759 | 42.6 | 32% |
In its most recent public year (2023), this organization brought in $1,047,759 more than it spent. Its reserves stood at about 42.6 months of spending. Staff pay was 32% of spending. $1,047,759 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
Advancing Macomb Foundation 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