Minnesota Counties Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 375,832 | 444,823 | −68,991 | 42.0 | 0% |
| 2021 | 389,925 | 456,031 | −66,106 | 39.2 | 0% |
| 2022 | 541,334 | 336,769 | 204,565 | 60.4 | 14% |
| 2023 | 418,270 | 420,852 | −2,582 | 48.2 | 6% |
In its most recent public year (2023), this organization spent $2,582 more than it brought in. Its reserves stood at about 48.2 months of spending, up from 42 in 2020. Staff pay was 6% of spending. $387,678 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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