Michigan Healthcare Freedom
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,990 | 3,266 | 724 | 2.7 | 0% |
| 2020 | 4,880 | 2,113 | 2,767 | 19.9 | — |
In its most recent public year (2020), this organization brought in $2,767 more than it spent. Its reserves stood at about 19.9 months of spending, up from 2.7 in 2019.
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 2020. 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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