Confederation Of Somali Community In Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 434,431 | 435,294 | −863 | 1.4 | 66% |
| 2012 | 152,036 | 254,419 | −102,383 | -2.4 | 36% |
| 2013 | 247,390 | 197,257 | 50,133 | -0.0 | 0% |
| 2014 | 120,554 | 83,069 | 37,485 | 5.4 | 5% |
| 2015 | 229,890 | 209,399 | 20,491 | 3.3 | 34% |
| 2016 | 242,021 | 234,647 | 7,374 | 3.3 | 48% |
| 2017 | 228,501 | 216,115 | 12,386 | 4.3 | 60% |
| 2018 | 164,823 | 153,277 | 11,546 | 3.4 | 54% |
| 2019 | 79,350 | 92,214 | −12,864 | 4.0 | 68% |
| 2020 | 385,930 | 262,545 | 123,385 | 8.3 | 34% |
| 2021 | 864,264 | 778,274 | 85,990 | 4.1 | 17% |
| 2022 | 267,030 | 574,096 | −307,066 | -0.8 | 34% |
| 2023 | 59,297 | 59,297 | 0 | 0.1 | 22% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0.1 months of spending, down from 1.4 in 2011. Staff pay was 22% 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
Confederation Of Somali Community In 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