Education Minnesota Crosby-Ironton Retiree Insurance Plan Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 289,982 | 199,889 | 90,093 | 114.0 | 0% |
| 2020 | 34,044 | 224,770 | −190,726 | 91.2 | 0% |
| 2021 | 26,809 | 247,482 | −220,673 | 72.1 | 0% |
| 2022 | 34,310 | 261,442 | −227,132 | 57.9 | 0% |
| 2023 | 26,131 | 221,517 | −195,386 | 57.7 | 0% |
In its most recent public year (2023), this organization spent $195,386 more than it brought in. Its reserves stood at about 57.7 months of spending, down from 114 in 2019. Staff pay was 0% 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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