Dakota Business Lending
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 955,685 | 1,076,378 | −120,693 | 43.0 | 41% |
| 2012 | 1,052,128 | 1,082,717 | −30,589 | 42.3 | 40% |
| 2013 | 1,304,512 | 1,245,911 | 58,601 | 37.3 | 44% |
| 2014 | 1,344,014 | 1,353,868 | −9,854 | 34.3 | 44% |
| 2015 | 1,150,121 | 1,354,694 | −204,573 | 32.4 | 49% |
| 2016 | 1,108,588 | 1,152,558 | −43,970 | 37.7 | 46% |
| 2017 | 1,143,786 | 1,244,331 | −100,545 | 33.9 | 48% |
| 2018 | 1,300,188 | 1,433,404 | −133,216 | 28.2 | 45% |
| 2019 | 1,367,205 | 1,666,028 | −298,823 | 22.1 | 45% |
| 2020 | 1,480,924 | 1,551,455 | −70,531 | 22.9 | 52% |
| 2021 | 2,297,592 | 1,762,733 | 534,859 | 24.2 | 51% |
| 2022 | 2,699,017 | 2,141,843 | 557,174 | 23.0 | 59% |
| 2023 | 3,485,431 | 2,699,740 | 785,691 | 21.7 | 58% |
In its most recent public year (2023), this organization brought in $785,691 more than it spent. Its reserves stood at about 21.7 months of spending, down from 43 in 2011. Staff pay was 58% of spending. $93,938 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
Dakota Business Lending's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works