Minnesota Association Of Christian Home Educators
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 195,394 | 115,566 | 79,828 | 14.6 | 26% |
| 2021 | 127,535 | 118,394 | 9,141 | 14.9 | — |
| 2022 | 237,044 | 180,559 | 56,485 | 13.6 | 17% |
| 2023 | 326,711 | 219,957 | 106,754 | 16.9 | 16% |
In its most recent public year (2023), this organization brought in $106,754 more than it spent. Its reserves stood at about 16.9 months of spending, up from 14.6 in 2020. Staff pay was 16% 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
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