Education Minnesota Foundation For Excellence In Teaching & Learning
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 416,846 | 278,771 | 138,075 | 71.4 | 21% |
| 2012 | 401,702 | 374,296 | 27,406 | 54.3 | 13% |
| 2013 | 409,625 | 336,159 | 73,466 | 62.2 | 20% |
| 2014 | 407,617 | 338,792 | 68,825 | 64.5 | 18% |
| 2015 | 432,296 | 376,384 | 55,912 | 59.4 | 16% |
| 2016 | 450,374 | 406,155 | 44,219 | 56.2 | 16% |
| 2017 | 437,652 | 420,739 | 16,913 | 54.8 | 17% |
| 2018 | 470,989 | 417,368 | 53,621 | 56.7 | 17% |
| 2019 | 441,331 | 503,741 | −62,410 | 45.5 | 19% |
| 2020 | 422,785 | 420,135 | 2,650 | 55.0 | 31% |
| 2021 | 527,176 | 309,619 | 217,557 | 82.8 | 49% |
| 2022 | 457,325 | 506,416 | −49,091 | 48.4 | 41% |
| 2023 | 507,827 | 711,964 | −204,137 | 30.8 | 32% |
In its most recent public year (2023), this organization spent $204,137 more than it brought in. Its reserves stood at about 30.8 months of spending, down from 71.4 in 2011. Staff pay was 32% 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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