Nicollet Meadows Housing Group
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $1,003,366 | $1,236,884 | −$233,518 | -5.9 | 0% |
| 2021 | $1,018,863 | $1,314,063 | −$295,200 | -8.3 | 0% |
| 2022 | $1,019,249 | $1,550,949 | −$531,700 | -11.1 | 0% |
| 2023 | $1,144,888 | $1,337,056 | −$192,168 | -14.6 | 0% |
In its most recent public year (2023), this organization spent $192,168 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-14.6 months), down from -5.9 in 2020. Staff pay was 0% 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 ↗
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