Michigan Energy Efficiency Contractors Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 49,009 | 54,830 | −5,821 | 1.8 | — |
| 2021 | 44,810 | 36,323 | 8,487 | 4.4 | — |
| 2022 | 117,166 | 39,518 | 77,648 | 27.6 | — |
| 2023 | 113,811 | 93,292 | 20,519 | 14.3 | — |
In its most recent public year (2023), this organization brought in $20,519 more than it spent. Its reserves stood at about 14.3 months of spending, up from 1.8 in 2020.
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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