Faribault Area Public Schools Educational Trust Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 376,481 | 74,657 | 301,824 | 155.4 | 0% |
| 2012 | 309,653 | 88,883 | 220,770 | 160.4 | 0% |
| 2013 | 111,050 | 96,109 | 14,941 | 150.2 | 0% |
| 2014 | 94,824 | 109,856 | −15,032 | 129.7 | 0% |
| 2015 | 89,716 | 112,804 | −23,088 | 123.9 | 0% |
| 2016 | 131,717 | 109,149 | 22,568 | 130.5 | 0% |
| 2017 | 101,244 | 115,160 | −13,916 | 122.3 | 0% |
| 2018 | 105,531 | 108,543 | −3,012 | 129.4 | 0% |
| 2019 | 148,472 | 144,228 | 4,244 | 97.7 | 2% |
| 2020 | 261,782 | 126,322 | 135,460 | 124.4 | 1% |
| 2021 | 129,348 | 123,682 | 5,666 | 127.7 | 1% |
| 2022 | 151,812 | 142,568 | 9,244 | 111.5 | 1% |
| 2023 | 139,620 | 152,317 | −12,697 | 103.4 | 0% |
In its most recent public year (2023), this organization spent $12,697 more than it brought in. Its reserves stood at about 103.4 months of spending, down from 155.4 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
Faribault Area Public Schools Educational Trust Association'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