Family Advocacy Center Of Northern Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 588,826 | 565,379 | 23,447 | 10.2 | 53% |
| 2021 | 519,104 | 557,480 | −38,376 | 9.5 | 51% |
| 2022 | 582,607 | 600,010 | −17,403 | 8.6 | 53% |
| 2023 | 551,327 | 576,486 | −25,159 | 8.4 | 54% |
In its most recent public year (2023), this organization spent $25,159 more than it brought in. Its reserves stood at about 8.4 months of spending, down from 10.2 in 2020. Staff pay was 54% 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
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