Minnesota Automobile Insurance Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 88,238 | 76,832 | 11,406 | 3.9 | — |
| 2012 | 85,873 | 75,052 | 10,821 | 4.5 | — |
| 2013 | 90,964 | 80,484 | 10,480 | 12.1 | — |
| 2014 | 78,621 | 61,039 | 17,582 | 13.0 | — |
| 2015 | 86,351 | 69,440 | 16,911 | 12.6 | — |
| 2016 | 77,950 | 63,559 | 14,391 | 15.7 | — |
| 2017 | 81,212 | 72,640 | 8,572 | 14.7 | — |
| 2018 | 72,478 | 41,668 | 30,810 | 23.0 | — |
| 2019 | 75,721 | 58,972 | 16,749 | 23.2 | — |
| 2020 | 5,619 | 126,546 | −120,927 | -1.5 | — |
In its most recent public year (2020), this organization spent $120,927 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months), down from 3.9 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 2020. 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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