Northland Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 27,712,007 | 13,423,865 | 14,288,142 | 100.4 | 13% |
| 2022 | 27,913,272 | 12,225,025 | 15,688,247 | 106.1 | 13% |
| 2023 | 11,684,631 | 11,246,207 | 438,424 | 117.6 | 17% |
In its most recent public year (2023), this organization brought in $438,424 more than it spent. Its reserves stood at about 117.6 months of spending, up from 100.4 in 2021. Staff pay was 17% of spending. $3,712,437 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works