Southern Minnesota Regional Legal Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,378,070 | 11,483,853 | −1,105,783 | 6.5 | 58% |
| 2021 | 10,263,098 | 11,579,876 | −1,316,778 | 5.1 | 59% |
| 2022 | 11,788,555 | 12,539,164 | −750,609 | 4.0 | 57% |
| 2023 | 14,362,640 | 14,322,935 | 39,705 | 3.5 | 62% |
In its most recent public year (2023), this organization brought in $39,705 more than it spent. Its reserves stood at about 3.5 months of spending, down from 6.5 in 2020. Staff pay was 62% of spending. $20,736 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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