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

Minnesota Forest Industries Inc

Duluth, MN / EIN 41-0626915 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011844,599814,14030,4594.430%
2012830,344829,3939514.431%
2013809,157786,05023,1075.034%
2014704,156746,522−42,3664.536%
2015713,395741,661−28,2664.133%
2016731,345712,90518,4404.633%
2017762,379744,00518,3744.731%
2018761,206794,617−33,4113.930%
2019746,696715,05331,6434.935%
2020724,829699,96324,8665.439%
2021785,019725,57259,4476.246%
2022729,901586,536143,36510.636%
2023742,115756,899−14,7848.037%

In its most recent public year (2023), this organization spent $14,784 more than it brought in. Its reserves stood at about 8 months of spending, up from 4.4 in 2011. Staff pay was 37% 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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