Minnesota Veterinary Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 135,723 | 124,341 | 11,382 | 35.2 | 0% |
| 2012 | 169,462 | 153,823 | 15,639 | 29.3 | 0% |
| 2013 | 188,453 | 169,480 | 18,973 | 31.1 | 0% |
| 2014 | 251,214 | 171,420 | 79,794 | 38.5 | 0% |
| 2015 | 391,407 | 213,721 | 177,686 | 34.7 | 0% |
| 2016 | 238,535 | 188,255 | 50,280 | 43.9 | 0% |
| 2017 | 285,484 | 204,677 | 80,807 | 47.0 | 0% |
| 2018 | 335,626 | 166,011 | 169,615 | 69.0 | 0% |
| 2019 | 369,806 | 199,445 | 170,361 | 67.2 | 0% |
| 2020 | 425,878 | 228,170 | 197,708 | 71.6 | 0% |
| 2021 | 522,491 | 229,904 | 292,587 | 94.6 | 0% |
| 2022 | 317,114 | 274,777 | 42,337 | 69.5 | 0% |
| 2023 | 383,762 | 346,207 | 37,555 | 59.1 | 0% |
| 2024 | 454,194 | 345,936 | 108,258 | 65.4 | 0% |
In its most recent public year (2024), this organization brought in $108,258 more than it spent. Its reserves stood at about 65.4 months of spending, up from 35.2 in 2011. Staff pay was 0% of spending. $285,792 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 2024. 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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