Financial Information for Michigan Educator Workforce Initiative

Michigan Educator Workforce Initiative's annual revenue was $2.7M in tax year 2024, reported on their IRS Form 990. They spent $6.7M in total expenses. 94% went to programs and services.

Financial Breakdown

What is Michigan Educator Workforce Initiative's total annual expenses?

Michigan Educator Workforce Initiative spent $6.7M in tax year 2024, according to their IRS Form 990 filing.

How much of Michigan Educator Workforce Initiative's budget goes to programs?

Michigan Educator Workforce Initiative spent $6.3M (94% of expenses) on programs and services in tax year 2024.

How much does Michigan Educator Workforce Initiative spend on overhead?

Michigan Educator Workforce Initiative's overhead in tax year 2024 includes administrative (5%) and fundraising (1%) of their expenses.

What is Michigan Educator Workforce Initiative's net worth?

Michigan Educator Workforce Initiative had net assets of $1.1M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.