St Michaels Business Association Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $68,419 | $68,587 | −$168 | 4.5 | — |
| 2021 | $22,032 | $17,866 | $4,166 | 20.0 | — |
| 2022 | $33,974 | $20,914 | $13,060 | 24.6 | — |
| 2023 | $26,428 | $23,728 | $2,700 | 23.0 | — |
In its most recent public year (2023), this organization brought in $2,700 more than it spent. Its reserves stood at about 23 months of spending, up from 4.5 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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