Mille Lacs Trails Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 172,733 | 95,547 | 77,186 | 41.8 | 18% |
| 2012 | 99,653 | 94,729 | 4,924 | 42.8 | 0% |
| 2013 | 109,345 | 127,277 | −17,932 | 30.2 | 20% |
| 2014 | 112,678 | 100,575 | 12,103 | 39.6 | 19% |
| 2015 | 117,672 | 100,225 | 17,447 | 41.9 | 15% |
| 2016 | 151,451 | 121,690 | 29,761 | 37.4 | 16% |
| 2017 | 153,784 | 148,352 | 5,432 | 31.1 | 11% |
| 2018 | 216,147 | 136,968 | 79,179 | 40.7 | 10% |
| 2019 | 158,910 | 152,467 | 6,443 | 37.0 | 18% |
| 2020 | 161,820 | 161,390 | 430 | 35.0 | 16% |
| 2021 | 621,358 | 307,294 | 314,064 | 30.7 | 63% |
| 2022 | 448,158 | 453,082 | −4,924 | 20.7 | 52% |
| 2023 | 228,217 | 227,208 | 1,009 | 41.3 | 13% |
In its most recent public year (2023), this organization brought in $1,009 more than it spent. Its reserves stood at about 41.3 months of spending. Staff pay was 13% 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
Mille Lacs Trails Inc'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