Michigan Afl-Cio Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 160,200 | 134 | 160,066 | 14338.2 | — |
| 2021 | 261,596 | 63,061 | 198,535 | 68.2 | 80% |
| 2022 | 187,488 | 108,140 | 79,348 | 48.6 | 41% |
| 2023 | 10,093 | 269,123 | −259,030 | 8.0 | — |
In its most recent public year (2023), this organization spent $259,030 more than it brought in. Its reserves stood at about 8 months of spending, down from 14338.2 in 2020.
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 Afl-Cio Foundation'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