The Edina Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 440,464 | 311,390 | 129,074 | 31.3 | 14% |
| 2013 | 342,175 | 310,724 | 31,451 | 32.6 | 17% |
| 2014 | 544,570 | 529,943 | 14,627 | 20.2 | 12% |
| 2015 | 779,323 | 553,179 | 226,144 | 23.1 | 19% |
| 2016 | 784,894 | 773,925 | 10,969 | 16.3 | 15% |
| 2017 | 587,369 | 774,958 | −187,589 | 13.9 | 13% |
| 2018 | 589,490 | 545,371 | 44,119 | 20.9 | 20% |
| 2019 | 944,062 | 827,803 | 116,259 | 15.4 | 14% |
| 2020 | 610,637 | 716,498 | −105,861 | 15.9 | 17% |
| 2021 | 504,802 | 457,230 | 47,572 | 29.1 | 28% |
| 2022 | 537,032 | 548,055 | −11,023 | 20.9 | 24% |
| 2023 | 773,546 | 667,187 | 106,359 | 19.8 | 17% |
In its most recent public year (2023), this organization brought in $106,359 more than it spent. Its reserves stood at about 19.8 months of spending, down from 31.3 in 2012. Staff pay was 17% of spending. $873,166 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
The Edina Community Foundation'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