Minnesota Association Of Farm Mutual Insurance Companies Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 665,406 | 580,056 | 85,350 | 17.1 | 30% |
| 2011 | 737,793 | 652,600 | 85,193 | 16.8 | 27% |
| 2012 | 743,247 | 680,486 | 62,761 | 17.2 | 26% |
| 2013 | 768,245 | 724,722 | 43,523 | 16.8 | 32% |
| 2014 | 735,858 | 694,190 | 41,668 | 17.7 | 28% |
| 2015 | 711,985 | 661,217 | 50,768 | 19.5 | 27% |
| 2016 | 738,552 | 668,920 | 69,632 | 20.6 | 26% |
| 2017 | 732,717 | 703,747 | 28,970 | 20.2 | 26% |
| 2018 | 747,963 | 741,830 | 6,133 | 19.3 | 28% |
| 2019 | 771,747 | 781,330 | −9,583 | 18.4 | 26% |
| 2020 | 686,031 | 590,599 | 95,432 | 26.6 | 34% |
| 2021 | 573,601 | 516,063 | 57,538 | 31.7 | 41% |
| 2022 | 738,280 | 742,656 | −4,376 | 21.6 | 31% |
| 2023 | 805,242 | 788,184 | 17,058 | 20.5 | 30% |
In its most recent public year (2023), this organization brought in $17,058 more than it spent. Its reserves stood at about 20.5 months of spending, up from 17.1 in 2010. Staff pay was 30% 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
Minnesota Association Of Farm Mutual Insurance Companies Inc'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