Minnesota Association Of Assessing Officers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 283,422 | 274,032 | 9,390 | 11.7 | 10% |
| 2012 | 304,898 | 310,123 | −5,225 | 10.2 | 10% |
| 2013 | 355,912 | 331,248 | 24,664 | 10.4 | 10% |
| 2014 | 401,936 | 370,838 | 31,098 | 10.3 | 9% |
| 2015 | 477,134 | 442,909 | 34,225 | 9.6 | 7% |
| 2016 | 413,542 | 372,101 | 41,441 | 12.8 | 14% |
| 2017 | 534,103 | 418,815 | 115,288 | 14.8 | 14% |
| 2018 | 386,115 | 395,750 | −9,635 | 13.9 | 14% |
| 2019 | 497,063 | 406,093 | 90,970 | 16.3 | 19% |
| 2020 | 302,823 | 280,505 | 22,318 | 24.7 | 22% |
| 2021 | 402,674 | 297,281 | 105,393 | 28.1 | 21% |
| 2022 | 424,244 | 441,551 | −17,307 | 18.3 | 20% |
| 2023 | 450,979 | 476,331 | −25,352 | 16.1 | 18% |
In its most recent public year (2023), this organization spent $25,352 more than it brought in. Its reserves stood at about 16.1 months of spending, up from 11.7 in 2011. Staff pay was 18% 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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