Minnesota Bio-Fuels Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 552,233 | 67,163 | 485,070 | 86.7 | 51% |
| 2012 | 394,697 | 314,879 | 79,818 | 21.5 | 40% |
| 2013 | 455,191 | 495,557 | −40,366 | 12.7 | 36% |
| 2014 | 459,917 | 535,406 | −75,489 | 10.1 | 37% |
| 2015 | 689,181 | 622,536 | 66,645 | 9.9 | 37% |
| 2016 | 692,997 | 623,352 | 69,645 | 7.0 | 41% |
| 2017 | 669,856 | 679,570 | −9,714 | 6.2 | 41% |
| 2018 | 724,787 | 658,344 | 66,443 | 7.6 | 40% |
| 2019 | 763,169 | 719,099 | 44,070 | 7.7 | 41% |
| 2020 | 826,432 | 652,305 | 174,127 | 11.7 | 48% |
| 2021 | 756,792 | 695,079 | 61,713 | 12.1 | 47% |
| 2022 | 801,727 | 836,546 | −34,819 | 9.5 | 49% |
| 2023 | 925,724 | 837,042 | 88,682 | 10.8 | 44% |
In its most recent public year (2023), this organization brought in $88,682 more than it spent. Its reserves stood at about 10.8 months of spending, down from 86.7 in 2011. Staff pay was 44% 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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