Minnesota Surety Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,769 | 909 | 1,860 | 302.0 | — |
| 2012 | 1,269 | 991 | 278 | 280.4 | — |
| 2013 | 1,005 | 855 | 150 | 327.1 | — |
| 2014 | 2,488 | 2,616 | −128 | 106.3 | — |
| 2015 | −935 | 1,322 | −2,257 | 189.9 | — |
| 2016 | −990 | 618 | −1,608 | 375.0 | — |
| 2017 | 7,476 | 4,973 | 2,503 | 52.6 | — |
| 2018 | 5,496 | 6,310 | −814 | 39.9 | — |
| 2019 | 5,706 | 4,186 | 1,520 | 64.6 | — |
| 2020 | 4,354 | 1,768 | 2,586 | 170.4 | — |
| 2021 | 8,529 | 8,268 | 261 | 36.8 | — |
| 2022 | 17,480 | 16,824 | 656 | 18.6 | — |
| 2023 | 18,681 | 22,863 | −4,182 | 11.5 | — |
In its most recent public year (2023), this organization spent $4,182 more than it brought in. Its reserves stood at about 11.5 months of spending, down from 302 in 2011.
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
Minnesota Surety Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works