Minatare Mutual Canal & Irrigating Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 53,805 | 52,071 | 1,734 | 5.1 | — |
| 2016 | 61,189 | 43,665 | 17,524 | 14.4 | — |
| 2017 | 44,494 | 66,755 | −22,261 | 5.4 | — |
| 2018 | 54,315 | 58,415 | −4,100 | 5.3 | — |
| 2019 | 58,509 | 45,330 | 13,179 | 10.4 | — |
| 2020 | 62,235 | 68,592 | −6,357 | 5.7 | — |
| 2021 | 90,606 | 122,019 | −31,413 | 0.1 | — |
| 2022 | 68,412 | 109,025 | −40,613 | -4.3 | — |
| 2023 | 115,711 | 81,420 | 34,291 | -0.7 | — |
In its most recent public year (2023), this organization brought in $34,291 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months), down from 5.1 in 2015.
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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