Michigan Home School Sports Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 63,891 | 61,744 | 2,147 | 3.5 | — |
| 2023 | 64,091 | 64,386 | −295 | 3.3 | — |
| 2024 | 72,191 | 75,968 | −3,777 | 2.2 | — |
In its most recent public year (2024), this organization spent $3,777 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 3.5 in 2022.
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 2024. 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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