Middle Flint Council On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,611,989 | 8,012,483 | 599,506 | 30.0 | 22% |
| 2021 | 8,550,367 | 7,686,838 | 863,529 | 32.4 | 21% |
| 2022 | 7,638,632 | 7,336,760 | 301,872 | 34.4 | 20% |
| 2023 | 7,195,199 | 7,366,169 | −170,970 | 34.0 | 20% |
| 2024 | 7,409,789 | 8,116,459 | −706,670 | 29.8 | 19% |
In its most recent public year (2024), this organization spent $706,670 more than it brought in. Its reserves stood at about 29.8 months of spending. Staff pay was 19% 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 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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