Association Of Residential Resources In Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,448,982 | 1,242,512 | 206,470 | 9.2 | 48% |
| 2021 | 1,649,290 | 1,537,889 | 111,401 | 8.3 | 40% |
| 2022 | 1,811,916 | 1,512,928 | 298,988 | 10.8 | 43% |
| 2023 | 2,001,219 | 1,775,529 | 225,690 | 10.8 | 44% |
In its most recent public year (2023), this organization brought in $225,690 more than it spent. Its reserves stood at about 10.8 months of spending, up from 9.2 in 2020. Staff pay was 44% 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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