Greater Mankato Growth Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,800,648 | 1,869,089 | −68,441 | 8.7 | 42% |
| 2012 | 1,872,376 | 1,865,068 | 7,308 | 9.0 | 44% |
| 2013 | 1,991,471 | 2,052,114 | −60,643 | 8.4 | 43% |
| 2014 | 2,089,977 | 2,093,805 | −3,828 | 8.3 | 46% |
| 2015 | 2,358,944 | 2,366,541 | −7,597 | 7.1 | 45% |
| 2016 | 2,162,655 | 2,342,235 | −179,580 | 6.3 | 48% |
| 2017 | 2,115,360 | 2,422,343 | −306,983 | 4.8 | 49% |
| 2018 | 2,581,250 | 2,624,933 | −43,683 | 4.0 | 44% |
| 2019 | 3,630,289 | 2,925,476 | 704,813 | 6.6 | 36% |
| 2020 | 2,337,678 | 1,996,245 | 341,433 | 12.1 | 50% |
| 2021 | 2,765,027 | 2,102,268 | 662,759 | 15.4 | 45% |
| 2022 | 2,804,170 | 2,586,359 | 217,811 | 12.9 | 44% |
| 2023 | 3,319,306 | 2,981,658 | 337,648 | 12.8 | 44% |
In its most recent public year (2023), this organization brought in $337,648 more than it spent. Its reserves stood at about 12.8 months of spending, up from 8.7 in 2011. Staff pay was 44% 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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