Minnesota Selects Hockey Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 20,495 | 29,571 | −9,076 | 7.3 | 13% |
| 2021 | 138,060 | 124,471 | 13,589 | 3.9 | 17% |
| 2022 | 173,596 | 129,042 | 44,554 | 7.9 | 8% |
| 2023 | 109,125 | 157,805 | −48,680 | 1.4 | 7% |
In its most recent public year (2023), this organization spent $48,680 more than it brought in. Its reserves stood at about 1.4 months of spending, down from 7.3 in 2020. Staff pay was 7% 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
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