Lao Assistance Center Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 385,328 | 318,941 | 66,387 | 6.0 | 53% |
| 2013 | 260,274 | 338,830 | −78,556 | 2.9 | 48% |
| 2014 | 365,256 | 360,538 | 4,718 | 2.8 | 39% |
| 2015 | 465,252 | 449,774 | 15,478 | 2.7 | 41% |
| 2016 | 360,548 | 399,121 | −38,573 | 1.9 | 43% |
| 2017 | 449,042 | 356,467 | 92,575 | 5.2 | 46% |
| 2018 | 415,865 | 372,692 | 43,173 | 6.4 | 49% |
| 2019 | 233,339 | 379,778 | −146,439 | 3.5 | 52% |
| 2020 | 413,016 | 438,833 | −25,817 | 2.3 | 43% |
| 2021 | 648,838 | 646,936 | 1,902 | 2.1 | 41% |
| 2022 | 1,056,387 | 1,028,645 | 27,742 | 3.5 | 36% |
| 2023 | 1,654,748 | 1,463,853 | 190,895 | 4.1 | 44% |
In its most recent public year (2023), this organization brought in $190,895 more than it spent. Its reserves stood at about 4.1 months of spending, down from 6 in 2012. Staff pay was 44% 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
Lao Assistance Center Of Minnesota'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