Minnesota American Legion Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 521,309 | 330,558 | 190,751 | 42.6 | 0% |
| 2012 | 381,577 | 335,439 | 46,138 | 43.6 | 0% |
| 2013 | 439,017 | 376,135 | 62,882 | 39.8 | 0% |
| 2014 | 485,613 | 399,815 | 85,798 | 39.9 | 0% |
| 2015 | 482,219 | 437,801 | 44,418 | 37.9 | 0% |
| 2016 | 542,482 | 461,380 | 81,102 | 39.0 | 0% |
| 2017 | 603,968 | 530,562 | 73,406 | 35.0 | 0% |
| 2018 | 606,606 | 540,770 | 65,836 | 34.4 | 0% |
| 2019 | 535,270 | 470,416 | 64,854 | 43.0 | 0% |
| 2020 | 313,365 | 169,035 | 144,330 | 131.7 | 0% |
| 2021 | 511,184 | 513,894 | −2,710 | 42.7 | 0% |
| 2022 | 694,692 | 547,426 | 147,266 | 41.1 | 0% |
| 2023 | 684,174 | 731,624 | −47,450 | 30.3 | 0% |
In its most recent public year (2023), this organization spent $47,450 more than it brought in. Its reserves stood at about 30.3 months of spending, down from 42.6 in 2011. Staff pay was 0% of spending. $1,256,446 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
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