Dream Centers Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 209,317 | 56,155 | 153,162 | 32.7 | 0% |
| 2016 | 315,491 | 181,533 | 133,958 | 19.0 | 0% |
| 2017 | 584,186 | 364,533 | 219,653 | 16.7 | 0% |
| 2018 | 559,736 | 476,737 | 82,999 | 14.8 | 0% |
| 2019 | 482,451 | 616,834 | −134,383 | 8.9 | 0% |
| 2020 | 862,823 | 702,811 | 160,012 | 10.5 | 0% |
| 2021 | 707,365 | 591,573 | 115,792 | 14.8 | 0% |
| 2022 | 907,474 | 752,369 | 155,105 | 14.1 | 45% |
| 2023 | 1,030,566 | 721,049 | 309,517 | 19.9 | 50% |
In its most recent public year (2023), this organization brought in $309,517 more than it spent. Its reserves stood at about 19.9 months of spending, down from 32.7 in 2015. Staff pay was 50% of spending. $200,433 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
Dream Centers Of Michigan'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