Latvian Organization Association Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 41,453 | 39,273 | 2,180 | 174.7 | 0% |
| 2012 | 32,958 | 34,360 | −1,402 | 199.2 | 0% |
| 2013 | 37,134 | 40,621 | −3,487 | 167.4 | 0% |
| 2014 | 18,043 | 25,007 | −6,964 | 268.6 | 0% |
| 2015 | 12,663 | 20,270 | −7,607 | 326.9 | 0% |
| 2016 | 12,424 | 17,080 | −4,656 | 384.7 | 0% |
| 2017 | 38,560 | 56,177 | −17,617 | 113.2 | 0% |
| 2018 | 34,672 | 58,232 | −23,560 | 104.4 | 0% |
| 2019 | 26,821 | 28,243 | −1,422 | 214.6 | 0% |
| 2020 | 18,399 | 25,066 | −6,667 | 238.6 | 0% |
| 2021 | 3,761 | 5,915 | −2,154 | 1006.5 | 0% |
| 2022 | 30,343 | 72,855 | −42,512 | 92.9 | 0% |
In its most recent public year (2022), this organization spent $42,512 more than it brought in. Its reserves stood at about 92.9 months of spending, down from 174.7 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 2022. 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
Latvian Organization Association Of Minnesota's IRS filings as a feed — one entry per filing year, through 2022. 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