Minnesota Assistance Council For Veterans
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,270,521 | 2,769,491 | 1,501,030 | 21.6 | 32% |
| 2012 | 4,249,189 | 4,046,352 | 202,837 | 15.4 | 28% |
| 2013 | 4,490,279 | 4,286,358 | 203,921 | 15.1 | 29% |
| 2014 | 5,336,979 | 4,902,764 | 434,215 | 14.3 | 32% |
| 2015 | 5,970,051 | 5,064,565 | 905,486 | 15.9 | 35% |
| 2016 | 6,194,115 | 5,836,893 | 357,222 | 14.6 | 34% |
| 2017 | 6,065,158 | 6,461,695 | −396,537 | 12.4 | 39% |
| 2018 | 6,978,673 | 6,743,710 | 234,963 | 12.4 | 35% |
| 2019 | 7,138,274 | 7,138,343 | −69 | 11.7 | 38% |
| 2020 | 10,509,911 | 8,827,480 | 1,682,431 | 11.8 | 37% |
| 2021 | 10,768,734 | 9,749,904 | 1,018,830 | 12.0 | 36% |
| 2022 | 19,686,350 | 12,315,688 | 7,370,662 | 16.4 | 38% |
| 2023 | 26,731,640 | 19,705,084 | 7,026,556 | 14.7 | 35% |
In its most recent public year (2023), this organization brought in $7,026,556 more than it spent. Its reserves stood at about 14.7 months of spending, down from 21.6 in 2011. Staff pay was 35% of spending. $4,809,347 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
Minnesota Assistance Council For Veterans'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