Michigan Spina Bifida Family
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 10,959 | 5,269 | 5,690 | 13.0 | — |
| 2019 | 14,468 | 12,994 | 1,474 | 6.6 | — |
| 2020 | 20,964 | 12,151 | 8,813 | 15.8 | — |
| 2021 | 7,059 | 8,350 | −1,291 | 21.1 | — |
| 2022 | 17,307 | 16,424 | 883 | 12.3 | — |
| 2023 | 12,117 | 10,578 | 1,539 | 20.9 | — |
In its most recent public year (2023), this organization brought in $1,539 more than it spent. Its reserves stood at about 20.9 months of spending, up from 13 in 2018.
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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