Loan Repayment Assistance Program Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 196,871 | 170,054 | 26,817 | 29.7 | 22% |
| 2012 | 194,590 | 153,988 | 40,602 | 36.4 | 25% |
| 2013 | 128,558 | 164,191 | −35,633 | 31.9 | 25% |
| 2014 | 165,438 | 150,922 | 14,516 | 35.8 | 30% |
| 2015 | 164,827 | 144,179 | 20,648 | 38.2 | 32% |
| 2016 | 154,345 | 147,589 | 6,756 | 37.8 | — |
| 2017 | 159,164 | 152,950 | 6,214 | 37.4 | — |
| 2018 | 201,813 | 191,073 | 10,740 | 30.0 | 27% |
| 2019 | 210,463 | 195,018 | 15,445 | 31.4 | 25% |
| 2020 | 148,450 | 101,463 | 46,987 | 66.4 | 40% |
| 2021 | 163,807 | 84,868 | 78,939 | 91.2 | 67% |
| 2022 | 160,943 | 83,879 | 77,064 | 98.4 | 71% |
| 2023 | 192,896 | 159,201 | 33,695 | 56.4 | 46% |
In its most recent public year (2023), this organization brought in $33,695 more than it spent. Its reserves stood at about 56.4 months of spending, up from 29.7 in 2011. Staff pay was 46% of spending. $291,852 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
Loan Repayment Assistance Program Of Minnesota'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