Munising Bay Trail Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 73,698 | 71,697 | 2,001 | 8.0 | — |
| 2019 | 40,660 | 7,891 | 32,769 | 158.2 | — |
| 2020 | 32,556 | 36,315 | −3,759 | 33.8 | — |
| 2021 | 57,783 | 72,532 | −14,749 | 14.2 | — |
| 2022 | 70,412 | 80,516 | −10,104 | 11.2 | — |
| 2023 | 64,891 | 55,404 | 9,487 | 18.4 | — |
In its most recent public year (2023), this organization brought in $9,487 more than it spent. Its reserves stood at about 18.4 months of spending, up from 8 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 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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