Empowering Michigan Future
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 20,830 | 12,765 | 8,065 | 7.6 | — |
| 2019 | 24,302 | 23,479 | 823 | 12.4 | — |
| 2020 | 8,534 | 5,752 | 2,782 | 17.8 | — |
| 2021 | 0 | 10,512 | −10,512 | 1.3 | — |
In its most recent public year (2021), this organization spent $10,512 more than it brought in. Its reserves stood at about 1.3 months 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 2021. 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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