National Association Of Insurance And Financial Advisors-Mn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 459,129 | 451,996 | 7,133 | 0.1 | 41% |
| 2012 | 393,723 | 402,549 | −8,826 | -0.1 | 47% |
| 2013 | 432,460 | 448,130 | −15,670 | -0.5 | 44% |
| 2014 | 520,799 | 496,173 | 24,626 | 0.1 | 40% |
| 2015 | 446,802 | 467,678 | −20,876 | -0.4 | 38% |
| 2016 | 360,340 | 396,844 | −36,504 | -1.6 | 23% |
| 2017 | 307,974 | 292,465 | 15,509 | -1.5 | 0% |
| 2018 | 88,200 | 77,393 | 10,807 | 2.7 | 0% |
| 2020 | 137,684 | 133,175 | 4,509 | 6.8 | — |
| 2021 | 122,078 | 130,774 | −8,696 | 6.1 | — |
| 2022 | 118,969 | 120,084 | −1,115 | 6.5 | — |
| 2023 | 119,564 | 112,919 | 6,645 | 8.9 | — |
In its most recent public year (2023), this organization brought in $6,645 more than it spent. Its reserves stood at about 8.9 months of spending, up from 0.1 in 2011.
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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