Minnesota Thunder Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 811,893 | 1,012,275 | −200,382 | 0.7 | 7% |
| 2013 | 1,056,409 | 1,190,780 | −134,371 | -0.7 | 0% |
| 2014 | 1,489,904 | 1,360,747 | 129,157 | 0.3 | 0% |
| 2015 | 1,625,629 | 1,662,551 | −36,922 | -1.7 | 6% |
| 2016 | 1,621,757 | 1,449,987 | 171,770 | -1.0 | 13% |
| 2017 | 1,247,442 | 1,475,565 | −228,123 | -2.9 | 37% |
| 2018 | 972,004 | 930,615 | 41,389 | -3.3 | 43% |
| 2019 | 1,833,774 | 1,684,153 | 149,621 | -0.7 | 49% |
| 2020 | 1,574,781 | 1,424,633 | 150,148 | 0.4 | 47% |
| 2021 | 2,073,757 | 1,515,639 | 558,118 | 4.8 | 47% |
| 2022 | 2,099,169 | 1,879,854 | 219,315 | 5.3 | 43% |
| 2023 | 2,484,777 | 2,215,526 | 269,251 | 5.9 | 41% |
In its most recent public year (2023), this organization brought in $269,251 more than it spent. Its reserves stood at about 5.9 months of spending, up from 0.7 in 2012. Staff pay was 41% of spending. $13,550 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
Minnesota Thunder Academy'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