Aitkin County Growth Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 295,309 | 324,107 | −28,798 | 67.4 | 21% |
| 2012 | 335,038 | 307,702 | 27,336 | 71.9 | 22% |
| 2013 | 480,003 | 289,718 | 190,285 | 83.9 | 20% |
| 2014 | 779,735 | 552,671 | 227,064 | 51.2 | 17% |
| 2015 | 984,720 | 593,489 | 391,231 | 55.3 | 16% |
| 2016 | 1,244,386 | 592,539 | 651,847 | 72.4 | 18% |
| 2017 | 207,504 | 300,820 | −93,316 | 139.9 | 37% |
| 2018 | 162,242 | 1,505,866 | −1,343,624 | 22.5 | 9% |
| 2019 | 245,287 | 402,595 | −157,308 | 60.5 | 37% |
| 2020 | 99,830 | 299,377 | −199,547 | 72.7 | 40% |
| 2021 | 120,445 | 193,045 | −72,600 | 108.3 | 47% |
| 2022 | 286,387 | 319,393 | −33,006 | 64.2 | 43% |
| 2023 | −93,337 | 319,033 | −412,370 | 49.6 | 45% |
In its most recent public year (2023), this organization spent $412,370 more than it brought in. Its reserves stood at about 49.6 months of spending, down from 67.4 in 2011. Staff pay was 45% of spending. $205,743 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
Aitkin County Growth 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