everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Rice County Mutual Insurance Company

Faribault, MN / EIN 41-0502642 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011454,464293,489160,975117.424%
2012448,878236,636212,242156.319%
2013429,956265,762164,194146.629%
2014399,483285,384114,099141.325%
2015403,295242,607160,688174.214%
2016415,736292,838122,898149.415%
2017382,610263,581119,029171.416%
2018393,171187,619205,552253.925%
2019320,575200,390120,185244.522%
2020302,167272,78929,378181.218%
2021329,820229,416100,404220.723%
2022320,407244,81375,594210.425%
2023461,744404,43057,314129.117%

In its most recent public year (2023), this organization brought in $57,314 more than it spent. Its reserves stood at about 129.1 months of spending, up from 117.4 in 2011. Staff pay was 17% 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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