Open Arms Of Minnesota Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,868,713 | 3,429,721 | −561,008 | 25.4 | 35% |
| 2012 | 2,573,986 | 3,270,378 | −696,392 | 24.1 | 40% |
| 2013 | 1,734,353 | 2,087,422 | −353,069 | 35.6 | 40% |
| 2014 | 1,850,175 | 2,325,238 | −475,063 | 29.4 | 45% |
| 2015 | 2,105,671 | 2,439,298 | −333,627 | 26.4 | 45% |
| 2016 | 2,251,075 | 2,647,185 | −396,110 | 22.6 | 48% |
| 2017 | 3,173,224 | 3,381,410 | −208,186 | 16.9 | 49% |
| 2018 | 4,292,990 | 4,470,624 | −177,634 | 12.3 | 44% |
| 2019 | 2,229,896 | 2,275,806 | −45,910 | 24.0 | 44% |
| 2020 | 6,789,063 | 5,118,473 | 1,670,590 | 14.6 | 45% |
| 2021 | 9,202,815 | 7,538,616 | 1,664,199 | 10.4 | 42% |
| 2022 | 10,462,529 | 9,593,832 | 868,697 | 9.3 | 40% |
| 2023 | 14,704,994 | 13,331,836 | 1,373,158 | 7.9 | 35% |
In its most recent public year (2023), this organization brought in $1,373,158 more than it spent. Its reserves stood at about 7.9 months of spending, down from 25.4 in 2011. Staff pay was 35% of spending. $449,658 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
Open Arms Of Minnesota 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