St Olaf Lutheran Church Foundation Of Austin Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 65,885 | 81,851 | −15,966 | 152.6 | 0% |
| 2021 | 74,453 | 91,124 | −16,671 | 145.9 | 0% |
| 2022 | 20,766 | 132,632 | −111,866 | 81.4 | 0% |
| 2023 | 34,307 | 70,340 | −36,033 | 156.0 | 0% |
In its most recent public year (2023), this organization spent $36,033 more than it brought in. Its reserves stood at about 156 months of spending, up from 152.6 in 2020. Staff pay was 0% of spending. $374,338 of its net assets are donor-restricted.
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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