Minnesota Early Learning Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,901,306 | 2,066,849 | −165,543 | -1.0 | 35% |
| 2018 | 3,425,945 | 4,142,859 | −716,914 | -3.8 | 34% |
| 2019 | 3,502,829 | 3,281,574 | 221,255 | -3.4 | 43% |
| 2020 | 3,348,270 | 3,270,229 | 78,041 | -4.3 | 46% |
| 2021 | 3,200,087 | 3,182,231 | 17,856 | -5.4 | 45% |
| 2022 | 3,568,861 | 3,645,049 | −76,188 | -5.4 | 38% |
| 2023 | 3,509,140 | 4,090,120 | −580,980 | -6.0 | 40% |
In its most recent public year (2023), this organization spent $580,980 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6 months), down from -1 in 2016. Staff pay was 40% 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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