Minnesota Adoption Resource Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,154,328 | 1,116,979 | 37,349 | 0.7 | 55% |
| 2013 | 903,910 | 891,586 | 12,324 | 1.1 | 56% |
| 2014 | 801,267 | 791,539 | 9,728 | 1.4 | 55% |
| 2015 | 728,566 | 733,010 | −4,444 | 1.4 | 62% |
| 2016 | 764,634 | 758,552 | 6,082 | 1.4 | 62% |
| 2017 | 840,731 | 820,366 | 20,365 | 1.6 | 63% |
| 2018 | 1,020,875 | 1,014,890 | 5,985 | 1.4 | 58% |
| 2019 | 1,315,683 | 1,313,125 | 2,558 | 1.1 | 68% |
| 2020 | 1,616,807 | 1,563,233 | 53,574 | 1.3 | 62% |
| 2021 | 2,256,693 | 2,172,059 | 84,634 | 1.4 | 55% |
| 2022 | 2,535,026 | 2,554,923 | −19,897 | 1.1 | 51% |
| 2023 | 3,191,639 | 3,190,011 | 1,628 | 0.9 | 47% |
In its most recent public year (2023), this organization brought in $1,628 more than it spent. Its reserves stood at about 0.9 months of spending. Staff pay was 47% of spending. $38,452 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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