Minnesota Milk Bank For Babies
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,821 | 1,765 | 56 | 0.4 | — |
| 2014 | 2,006 | 2,082 | −76 | 7.8 | — |
| 2015 | 14,290 | 13,459 | 831 | 1.9 | — |
| 2016 | 2,947 | 2,440 | 507 | 13.2 | — |
| 2017 | 47,138 | 23,492 | 23,646 | 13.5 | — |
| 2018 | 131,831 | 88,820 | 43,011 | 9.4 | — |
| 2019 | 90,072 | 278,540 | −188,468 | -5.1 | — |
| 2020 | 542,411 | 455,708 | 86,703 | -0.9 | 39% |
| 2021 | 1,159,717 | 691,614 | 468,103 | 7.1 | 44% |
| 2022 | 1,381,741 | 1,022,132 | 359,609 | 9.0 | 42% |
| 2023 | 1,512,002 | 1,064,116 | 447,886 | 13.7 | 49% |
In its most recent public year (2023), this organization brought in $447,886 more than it spent. Its reserves stood at about 13.7 months of spending, up from 0.4 in 2012. Staff pay was 49% 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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