Possabilities Of Southern Minnesota Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,879,803 | 6,884,631 | −4,828 | 1.1 | 67% |
| 2012 | 7,468,576 | 7,322,159 | 146,417 | 1.2 | 68% |
| 2013 | 7,954,532 | 8,195,147 | −240,615 | 0.7 | 67% |
| 2014 | 8,750,799 | 8,912,468 | −161,669 | 0.4 | 60% |
| 2015 | 9,612,116 | 9,645,374 | −33,258 | 1.6 | 61% |
| 2016 | 9,421,695 | 9,596,678 | −174,983 | 1.4 | 64% |
| 2017 | 9,836,796 | 9,724,571 | 112,225 | 1.6 | 66% |
| 2018 | 8,867,596 | 9,003,970 | −136,374 | 1.5 | 68% |
| 2019 | 6,053,551 | 6,127,016 | −73,465 | 2.1 | 65% |
| 2020 | 4,310,452 | 3,527,192 | 783,260 | 6.4 | 65% |
| 2021 | 4,000,299 | 3,525,940 | 474,359 | 8.0 | 69% |
| 2022 | 5,763,741 | 4,314,803 | 1,448,938 | 10.6 | 71% |
| 2023 | 5,197,871 | 4,704,956 | 492,915 | 10.9 | 69% |
In its most recent public year (2023), this organization brought in $492,915 more than it spent. Its reserves stood at about 10.9 months of spending, up from 1.1 in 2011. Staff pay was 69% of spending. $331,879 of its net assets are donor-restricted.
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
Possabilities Of Southern Minnesota 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