Minnesota Collection Network For Student Loans-Receivables
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 15,971 | 2,472 | 13,499 | 389.1 | — |
| 2012 | 5,627 | 1,047 | 4,580 | 971.1 | — |
| 2013 | 66,761 | 71,003 | −4,242 | 13.6 | — |
| 2014 | 67,075 | 67,822 | −747 | 14.5 | — |
| 2015 | 66,191 | 76,968 | −10,777 | 11.1 | — |
| 2016 | 63,186 | 60,900 | 2,286 | 14.5 | — |
| 2017 | 53,706 | 70,379 | −16,673 | 9.7 | — |
| 2018 | 51,373 | 62,297 | −10,924 | 8.8 | — |
| 2019 | 55,484 | 36,747 | 18,737 | 21.1 | — |
| 2020 | 81 | 1,316 | −1,235 | 577.1 | — |
In its most recent public year (2020), this organization spent $1,235 more than it brought in. Its reserves stood at about 577.1 months of spending, up from 389.1 in 2011.
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 2020. 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
Minnesota Collection Network For Student Loans-Receivables's IRS filings as a feed — one entry per filing year, through 2020. 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