Evangelical Homes Of Michigan Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 70,138 | 50,536 | 19,602 | 4.7 | 0% |
| 2018 | 46,745 | 0 | 46,745 | — | — |
| 2019 | 9,653 | 9,653 | 0 | 0.0 | 0% |
| 2020 | 285,864 | 364,005 | −78,141 | 35.1 | 0% |
| 2021 | 441,331 | 166,345 | 274,986 | 96.6 | 0% |
| 2022 | 301,241 | 312,934 | −11,693 | 50.9 | 0% |
| 2023 | 506,479 | 173,662 | 332,817 | 134.5 | 51% |
In its most recent public year (2023), this organization brought in $332,817 more than it spent. Its reserves stood at about 134.5 months of spending, up from 4.7 in 2017. Staff pay was 51% of spending. $820,266 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
Evangelical Homes Of Michigan Foundation'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