Michigan Faith In Action
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 243,205 | 244,692 | −1,487 | 1.5 | 50% |
| 2012 | 310,700 | 214,162 | 96,538 | 1.9 | 47% |
| 2013 | 205,747 | 201,361 | 4,386 | 2.3 | 56% |
| 2014 | 250,934 | 269,054 | −18,120 | 0.9 | 58% |
| 2015 | 261,537 | 233,956 | 27,581 | 2.5 | 55% |
| 2016 | 624,103 | 351,601 | 272,502 | 10.9 | 47% |
| 2017 | 231,437 | 331,362 | −99,925 | 8.0 | 53% |
| 2018 | 292,886 | 387,211 | −94,325 | 3.9 | 50% |
| 2019 | 183,563 | 297,283 | −113,720 | 0.5 | 69% |
| 2020 | 561,823 | 298,968 | 262,855 | 11.1 | 64% |
| 2021 | 294,065 | 213,691 | 80,374 | 20.0 | 59% |
| 2022 | 251,906 | 228,743 | 23,163 | 19.9 | 51% |
| 2023 | 182,981 | 230,039 | −47,058 | 17.3 | 50% |
In its most recent public year (2023), this organization spent $47,058 more than it brought in. Its reserves stood at about 17.3 months of spending, up from 1.5 in 2011. Staff pay was 50% of spending.
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
Michigan Faith In Action'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