Welstores Of Minnesota Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 359,332 | 349,139 | 10,193 | 9.2 | 15% |
| 2012 | 340,909 | 345,401 | −4,492 | 9.2 | 13% |
| 2013 | 345,333 | 330,821 | 14,512 | 10.1 | 13% |
| 2014 | 385,164 | 339,689 | 45,475 | 11.4 | 24% |
| 2015 | 377,681 | 358,338 | 19,343 | 11.5 | 22% |
| 2016 | 374,952 | 349,177 | 25,775 | 12.7 | 26% |
| 2017 | 390,125 | 380,410 | 9,715 | 11.9 | 24% |
| 2018 | 454,507 | 428,209 | 26,298 | 11.3 | 23% |
| 2019 | 468,239 | 483,595 | −15,356 | 9.7 | 22% |
| 2020 | 358,272 | 350,829 | 7,443 | 13.6 | 29% |
| 2021 | 459,781 | 497,409 | −37,628 | 8.7 | 25% |
| 2022 | 416,249 | 436,519 | −20,270 | 9.3 | 34% |
| 2023 | 402,186 | 410,702 | −8,516 | 9.7 | 38% |
In its most recent public year (2023), this organization spent $8,516 more than it brought in. Its reserves stood at about 9.7 months of spending. Staff pay was 38% 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
Welstores Of Minnesota 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