Minnesota Association Of Ophthalmology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 215,607 | 279,782 | −64,175 | 16.4 | 0% |
| 2021 | 154,902 | 167,671 | −12,769 | 28.1 | 18% |
| 2022 | 258,401 | 255,393 | 3,008 | 17.3 | 22% |
| 2023 | 291,320 | 312,306 | −20,986 | 13.6 | 18% |
In its most recent public year (2023), this organization spent $20,986 more than it brought in. Its reserves stood at about 13.6 months of spending, down from 16.4 in 2020. Staff pay was 18% of spending. $277,780 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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