Minnesota Girls Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 405,118 | 377,296 | 27,822 | 0.7 | 51% |
| 2016 | 145,362 | 119,663 | 25,699 | 5.7 | 53% |
| 2017 | 764,174 | 707,944 | 56,230 | 0.1 | 62% |
| 2018 | 868,342 | 811,378 | 56,964 | 0.9 | 76% |
| 2019 | 820,940 | 815,005 | 5,935 | 1.0 | 67% |
| 2020 | 933,304 | 925,416 | 7,888 | 1.0 | 59% |
| 2021 | 1,109,975 | 1,184,380 | −74,405 | -0.0 | 47% |
| 2022 | 598,084 | 947,177 | −349,093 | -4.4 | 57% |
In its most recent public year (2022), this organization spent $349,093 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.4 months), down from 0.7 in 2011. Staff pay was 57% 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 2022. 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
Minnesota Girls Academy's IRS filings as a feed — one entry per filing year, through 2022. 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