Mesabi Range College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 152,800 | 167,406 | −14,606 | 45.3 | 17% |
| 2012 | 197,088 | 149,203 | 47,885 | 54.4 | 23% |
| 2013 | 220,801 | 188,935 | 31,866 | 48.1 | 21% |
| 2014 | 269,966 | 148,629 | 121,337 | 73.5 | 27% |
| 2015 | 206,234 | 250,120 | −43,886 | 41.8 | 21% |
| 2016 | 220,666 | 181,747 | 38,919 | 57.9 | 23% |
| 2017 | 402,384 | 321,563 | 80,821 | 36.2 | 5% |
| 2018 | 263,121 | 242,647 | 20,474 | 49.1 | 0% |
| 2019 | 127,580 | 121,246 | 6,334 | 103.1 | 0% |
| 2020 | 132,262 | 164,583 | −32,321 | 70.2 | 0% |
| 2021 | 282,959 | 142,488 | 140,471 | 102.5 | 0% |
| 2022 | 219,772 | 170,322 | 49,450 | 77.3 | 0% |
| 2023 | 118,001 | 134,094 | −16,093 | 95.2 | 0% |
| 2024 | 145,450 | 148,940 | −3,490 | 91.2 | 0% |
In its most recent public year (2024), this organization spent $3,490 more than it brought in. Its reserves stood at about 91.2 months of spending, up from 45.3 in 2011. Staff pay was 0% of spending. $944,716 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
Mesabi Range College 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