Michigan Opportunity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 331,150 | 189,693 | 141,457 | 8.9 | 0% |
| 2019 | 0 | 140,500 | −140,500 | 0.1 | 0% |
| 2020 | 1,000 | 1,550 | −550 | 3.2 | — |
| 2021 | 1,000 | 1,155 | −155 | 2.6 | — |
| 2022 | 150,000 | 39,953 | 110,047 | 33.1 | — |
| 2023 | 0 | 65,906 | −65,906 | 8.1 | — |
In its most recent public year (2023), this organization spent $65,906 more than it brought in. Its reserves stood at about 8.1 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 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
Michigan Opportunity'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