Minnesota Section Pga Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 26,853 | 18,323 | 8,530 | 100.8 | 0% |
| 2011 | 829,738 | 34,151 | 795,587 | 334.0 | 0% |
| 2012 | 512,823 | 425,056 | 87,767 | 29.8 | 0% |
| 2013 | 511,437 | 454,208 | 57,229 | 31.6 | 0% |
| 2014 | 504,585 | 528,695 | −24,110 | 27.3 | 0% |
| 2015 | 536,335 | 582,385 | −46,050 | 23.3 | 0% |
| 2016 | 632,415 | 635,856 | −3,441 | 22.3 | 0% |
| 2017 | 604,885 | 782,211 | −177,326 | 17.6 | 0% |
| 2018 | 975,602 | 1,046,857 | −71,255 | 10.9 | 0% |
| 2019 | 1,035,553 | 1,186,898 | −151,345 | 10.6 | 0% |
| 2020 | 864,818 | 1,023,213 | −158,395 | 13.4 | 0% |
| 2021 | 1,186,646 | 1,178,922 | 7,724 | 14.7 | 0% |
| 2022 | 2,019,852 | 1,242,007 | 777,845 | 11.8 | 0% |
| 2023 | 1,341,934 | 1,524,322 | −182,388 | 8.9 | 0% |
In its most recent public year (2023), this organization spent $182,388 more than it brought in. Its reserves stood at about 8.9 months of spending, down from 100.8 in 2010. Staff pay was 0% of spending. $20,000 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
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