Minnesota Educational Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 126,164 | 102,910 | 23,254 | 3.5 | — |
| 2014 | 111,520 | 98,186 | 13,334 | 5.3 | — |
| 2015 | 124,123 | 111,046 | 13,077 | 6.1 | — |
| 2016 | 124,612 | 118,798 | 5,814 | 6.3 | — |
| 2017 | 124,058 | 124,964 | −906 | 2.5 | — |
| 2018 | 143,094 | 141,018 | 2,076 | 2.4 | — |
| 2019 | 106,291 | 116,199 | −9,908 | 1.9 | — |
| 2020 | 59,470 | 27,936 | 31,534 | 21.4 | — |
| 2021 | 49,651 | 47,739 | 1,912 | 13.0 | — |
| 2022 | 100,466 | 57,937 | 42,529 | 19.5 | — |
| 2023 | 73,633 | 72,039 | 1,594 | 16.0 | — |
In its most recent public year (2023), this organization brought in $1,594 more than it spent. Its reserves stood at about 16 months of spending, up from 3.5 in 2013.
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
Minnesota Educational Scholarship Fund Inc'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