Build Wealth Mn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 366,889 | 152,754 | 214,135 | 26.6 | 51% |
| 2012 | 240,643 | 260,922 | −20,279 | 6.6 | 58% |
| 2013 | 386,229 | 282,567 | 103,662 | 10.5 | 59% |
| 2014 | 419,964 | 389,931 | 30,033 | 8.6 | 41% |
| 2015 | 416,373 | 402,440 | 13,933 | 9.5 | 55% |
| 2016 | 731,499 | 567,409 | 164,090 | 10.2 | 37% |
| 2017 | 1,233,366 | 896,359 | 337,007 | 11.0 | 49% |
| 2018 | 1,040,171 | 964,511 | 75,660 | 11.1 | 56% |
| 2019 | 1,640,057 | 1,151,730 | 488,327 | 14.4 | 47% |
| 2020 | 1,521,895 | 1,204,284 | 317,611 | 17.0 | 52% |
| 2021 | 4,002,738 | 1,304,936 | 2,697,802 | 40.5 | 54% |
| 2022 | 8,653,347 | 4,083,420 | 4,569,927 | 26.4 | 36% |
| 2023 | 7,717,316 | 4,247,455 | 3,469,861 | 35.1 | 39% |
In its most recent public year (2023), this organization brought in $3,469,861 more than it spent. Its reserves stood at about 35.1 months of spending, up from 26.6 in 2011. Staff pay was 39% of spending. $3,400,000 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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