Minnesota Boat Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,595 | 84,731 | −136 | 101.6 | 0% |
| 2012 | 87,946 | 97,553 | −9,607 | 87.1 | 0% |
| 2013 | 80,614 | 157,784 | −77,170 | 48.0 | 0% |
| 2014 | 94,146 | 140,002 | −45,856 | 50.1 | 0% |
| 2015 | 156,399 | 140,557 | 15,842 | 51.3 | 0% |
| 2016 | 127,522 | 127,860 | −338 | 56.3 | 0% |
| 2017 | 128,152 | 119,847 | 8,305 | 60.9 | 0% |
| 2018 | 134,791 | 141,149 | −6,358 | 51.2 | 0% |
| 2019 | 120,328 | 142,395 | −22,067 | 48.9 | 0% |
| 2020 | 54,218 | 52,262 | 1,956 | 133.7 | 0% |
| 2021 | 84,721 | 114,664 | −29,943 | 57.8 | 0% |
| 2022 | 334,675 | 102,872 | 231,803 | 91.5 | 0% |
| 2023 | 178,779 | 132,243 | 46,536 | 75.4 | 0% |
In its most recent public year (2023), this organization brought in $46,536 more than it spent. Its reserves stood at about 75.4 months of spending, down from 101.6 in 2011. Staff pay was 0% of spending.
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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