Michigan Christian Homeschool Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,864 | 31,587 | −27,723 | 5.6 | — |
| 2022 | 116,929 | 107,146 | 9,783 | 2.7 | — |
| 2023 | 124,829 | 110,652 | 14,177 | 4.2 | — |
| 2024 | 141,766 | 115,350 | 26,416 | 6.8 | — |
In its most recent public year (2024), this organization brought in $26,416 more than it spent. Its reserves stood at about 6.8 months of spending, up from 5.6 in 2021.
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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