Minnesota Thunder Basketball Program
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 41,844 | 29,549 | 12,295 | 11.0 | 18% |
| 2021 | 85,357 | 70,299 | 15,058 | 7.2 | 23% |
| 2022 | 55,780 | 67,325 | −11,545 | 5.5 | 36% |
| 2023 | 86,986 | 67,440 | 19,546 | 8.9 | 36% |
In its most recent public year (2023), this organization brought in $19,546 more than it spent. Its reserves stood at about 8.9 months of spending, down from 11 in 2020. Staff pay was 36% 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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