everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Functional Industries Inc

Buffalo, MN / EIN 41-1223547 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20125,674,8655,060,548614,31716.760%
20135,533,9525,210,197323,75517.061%
20145,822,8755,354,654468,22117.670%
20156,316,2405,661,199655,04118.067%
20166,509,5346,089,888419,64617.670%
20176,056,3325,900,899155,43318.468%
20186,128,2835,663,825464,45820.268%
20196,181,4525,477,349704,10322.466%
20205,555,4085,409,492145,91623.065%
20214,905,4714,371,483533,98830.064%
20225,508,9105,322,097186,81325.059%
20234,877,6615,004,278−126,61728.650%

In its most recent public year (2023), this organization spent $126,617 more than it brought in. Its reserves stood at about 28.6 months of spending, up from 16.7 in 2012. Staff pay was 50% 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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