Fair Michigan Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 63,477 | 48,982 | 14,495 | 3.6 | — |
| 2017 | 103,005 | 52,679 | 50,326 | 14.6 | — |
| 2018 | 26,059 | 66,648 | −40,589 | 4.2 | — |
| 2019 | 162,665 | 74,660 | 88,005 | 17.9 | — |
| 2020 | 109,016 | 63,053 | 45,963 | 30.0 | — |
| 2021 | 101,536 | 37,666 | 63,870 | 70.5 | — |
| 2022 | 90,559 | 74,078 | 16,481 | 38.5 | — |
| 2023 | 163,749 | 133,738 | 30,011 | 24.0 | — |
In its most recent public year (2023), this organization brought in $30,011 more than it spent. Its reserves stood at about 24 months of spending, up from 3.6 in 2016.
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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