Minneapolis Retired Teachers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,432 | 51,489 | −1,057 | 91.7 | — |
| 2012 | 45,513 | 55,332 | −9,819 | 83.2 | — |
| 2013 | 56,969 | 52,364 | 4,605 | 89.0 | — |
| 2014 | 92,727 | 56,970 | 35,757 | 89.3 | — |
| 2015 | 60,111 | 45,886 | 14,225 | 114.6 | — |
| 2016 | 50,766 | 59,088 | −8,322 | 87.3 | — |
| 2017 | 47,275 | 55,666 | −8,391 | 90.9 | — |
| 2018 | 50,094 | 57,012 | −6,918 | 87.3 | — |
| 2019 | 81,178 | 57,133 | 24,045 | 92.2 | — |
| 2020 | 39,619 | 57,665 | −18,046 | 87.6 | — |
| 2021 | 76,402 | 67,380 | 9,022 | 76.5 | — |
| 2022 | 81,341 | 68,935 | 12,406 | 77.0 | — |
| 2023 | 54,699 | 68,976 | −14,277 | 76.1 | — |
In its most recent public year (2023), this organization spent $14,277 more than it brought in. Its reserves stood at about 76.1 months of spending, down from 91.7 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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