Minnesota Association Of Financial Aid Administrators
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,204 | 70,065 | 55,139 | 88.4 | 0% |
| 2012 | 67,320 | 50,821 | 16,499 | 127.7 | 0% |
| 2013 | 64,576 | 51,762 | 12,814 | 129.3 | 0% |
| 2014 | 76,975 | 73,386 | 3,589 | 93.4 | 0% |
| 2015 | 73,010 | 82,864 | −9,854 | 78.3 | 0% |
| 2016 | 63,235 | 90,340 | −27,105 | 69.6 | 0% |
| 2017 | 93,184 | 87,425 | 5,759 | 70.1 | 0% |
| 2018 | 76,697 | 95,479 | −18,782 | 61.2 | 0% |
| 2019 | 56,083 | 68,785 | −12,702 | 85.9 | 0% |
| 2020 | 35,101 | 66,656 | −31,555 | 85.1 | 0% |
| 2021 | 58,046 | 71,337 | −13,291 | 79.8 | 0% |
| 2022 | 55,248 | 61,368 | −6,120 | 79.6 | 0% |
| 2023 | 110,507 | 101,228 | 9,279 | 49.4 | 0% |
In its most recent public year (2023), this organization brought in $9,279 more than it spent. Its reserves stood at about 49.4 months of spending, down from 88.4 in 2011. Staff pay was 0% 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
Minnesota Association Of Financial Aid Administrators'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