Minnesota Employment Law Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 44,000 | 7,260 | 36,740 | 72.8 | — |
| 2021 | 63,500 | 56,359 | 7,141 | 10.9 | — |
| 2022 | 33,500 | 33,060 | 440 | 18.7 | — |
| 2023 | 53,500 | 55,945 | −2,445 | 10.6 | — |
In its most recent public year (2023), this organization spent $2,445 more than it brought in. Its reserves stood at about 10.6 months of spending, down from 72.8 in 2020.
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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