Mahtomedi Area Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 435,612 | 338,002 | 97,610 | 18.9 | 15% |
| 2012 | 386,026 | 368,940 | 17,086 | 17.0 | 14% |
| 2013 | 515,705 | 322,036 | 193,669 | 28.0 | 16% |
| 2014 | 439,434 | 443,873 | −4,439 | 21.5 | 15% |
| 2015 | 413,878 | 301,948 | 111,930 | 35.2 | 25% |
| 2016 | 404,751 | 304,376 | 100,375 | 37.2 | 23% |
| 2017 | 382,673 | 339,368 | 43,305 | 36.8 | 22% |
| 2018 | 772,700 | 350,960 | 421,740 | 50.2 | 26% |
| 2019 | 389,394 | 349,535 | 39,859 | 52.2 | 26% |
| 2020 | 428,331 | 242,903 | 185,428 | 80.9 | 31% |
| 2021 | 313,537 | 202,597 | 110,940 | 118.6 | 28% |
| 2022 | 345,544 | 317,089 | 28,455 | 66.6 | 30% |
| 2023 | 602,372 | 382,855 | 219,517 | 62.3 | 24% |
| 2024 | 563,505 | 406,417 | 157,088 | 65.9 | 20% |
In its most recent public year (2024), this organization brought in $157,088 more than it spent. Its reserves stood at about 65.9 months of spending, up from 18.9 in 2011. Staff pay was 20% of spending. $1,996,808 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 2024. 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
Mahtomedi Area Educational Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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