Young Mens Christian Association Of Albert Lea Minnesota Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 885,862 | 842,328 | 43,534 | 27.9 | 52% |
| 2020 | 902,515 | 729,328 | 173,187 | 35.0 | 51% |
| 2021 | 858,851 | 818,012 | 40,839 | 31.8 | 53% |
| 2022 | 830,360 | 926,480 | −96,120 | 26.8 | 50% |
| 2023 | 1,034,589 | 1,043,110 | −8,521 | 23.7 | 8% |
In its most recent public year (2023), this organization spent $8,521 more than it brought in. Its reserves stood at about 23.7 months of spending, down from 27.9 in 2019. Staff pay was 8% of spending. $142,688 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
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