Minnesota Association Of Black Lawyers Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,411 | 43,915 | 26,496 | 56.2 | — |
| 2012 | 62,592 | 64,938 | −2,346 | 37.6 | — |
| 2013 | 63,337 | 62,369 | 968 | 41.8 | — |
| 2014 | 68,591 | 68,621 | −30 | 38.0 | — |
| 2015 | 72,895 | 66,437 | 6,458 | 40.4 | — |
| 2016 | 86,530 | 91,039 | −4,509 | 28.9 | — |
| 2017 | 81,176 | 79,124 | 2,052 | 33.6 | — |
| 2018 | 110,853 | 111,121 | −268 | 23.9 | — |
| 2019 | 180,728 | 93,931 | 86,797 | 39.3 | — |
| 2020 | 119,553 | 101,569 | 17,984 | 36.9 | — |
| 2021 | 81,198 | 39,164 | 42,034 | 108.7 | — |
| 2022 | 64,634 | 36,644 | 27,990 | 125.3 | — |
| 2023 | 146,277 | 137,423 | 8,854 | 34.2 | — |
In its most recent public year (2023), this organization brought in $8,854 more than it spent. Its reserves stood at about 34.2 months of spending, down from 56.2 in 2011.
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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