Albert Lea Public Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 189,212 | 38,375 | 150,837 | 207.5 | 0% |
| 2012 | 216,725 | 108,573 | 108,152 | 94.3 | 0% |
| 2013 | 210,365 | 58,278 | 152,087 | 235.8 | 0% |
| 2014 | 228,184 | 70,300 | 157,884 | 231.0 | 0% |
| 2015 | 66,749 | 88,275 | −21,526 | 178.7 | 0% |
| 2016 | 256,042 | 112,768 | 143,274 | 163.4 | 0% |
| 2017 | 380,094 | 113,141 | 266,953 | 214.7 | 0% |
| 2018 | 169,755 | 134,919 | 34,836 | 174.0 | 0% |
| 2019 | 550,557 | 158,698 | 391,859 | 195.3 | 0% |
| 2020 | 117,277 | 120,128 | −2,851 | 273.5 | 0% |
| 2021 | 144,509 | 142,303 | 2,206 | 276.3 | 0% |
| 2022 | 192,398 | 173,886 | 18,512 | 207.6 | 0% |
| 2023 | 93,491 | 155,526 | −62,035 | 247.2 | 0% |
In its most recent public year (2023), this organization spent $62,035 more than it brought in. Its reserves stood at about 247.2 months of spending, up from 207.5 in 2011. Staff pay was 0% of spending. $3,160,352 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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