Southeastern Minnesota Area Agency On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,154,758 | 3,136,588 | 18,170 | 0.7 | 18% |
| 2012 | 3,223,823 | 3,214,923 | 8,900 | 0.7 | 21% |
| 2013 | 3,505,864 | 3,460,033 | 45,831 | 0.9 | 22% |
| 2014 | 4,203,158 | 4,123,423 | 79,735 | 1.0 | 24% |
| 2015 | 4,676,379 | 4,555,707 | 120,672 | 1.2 | 22% |
| 2016 | 4,777,960 | 4,541,645 | 236,315 | 1.8 | 24% |
| 2017 | 4,563,889 | 4,627,432 | −63,543 | 1.7 | 27% |
| 2018 | 4,879,332 | 4,826,813 | 52,519 | 1.7 | 28% |
| 2019 | 4,901,167 | 4,871,878 | 29,289 | 1.7 | 27% |
| 2020 | 6,280,522 | 6,239,142 | 41,380 | 1.4 | 23% |
| 2021 | 6,188,004 | 6,188,876 | −872 | 1.5 | 24% |
| 2022 | 6,235,918 | 6,081,056 | 154,862 | 1.8 | 24% |
| 2023 | 6,628,870 | 6,583,714 | 45,156 | 1.8 | 22% |
In its most recent public year (2023), this organization brought in $45,156 more than it spent. Its reserves stood at about 1.8 months of spending, up from 0.7 in 2011. Staff pay was 22% of spending. $4,379 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
Southeastern Minnesota Area Agency On Aging Inc'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