Minnesota Credit Union Foundation Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $211,586 | $221,268 | −$9,682 | 14.1 | 0% |
| 2021 | $425,621 | $163,083 | $262,538 | 38.5 | 0% |
| 2022 | $607,518 | $261,731 | $345,787 | 39.8 | 0% |
| 2023 | $462,196 | $261,194 | $201,002 | 49.1 | 0% |
In its most recent public year (2023), this organization brought in $201,002 more than it spent. Its reserves stood at about 49.1 months of spending, up from 14.1 in 2020. Staff pay was 0% of spending. $777,973 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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