Minnesota Golf Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,353,758 | 2,346,239 | 7,519 | 3.5 | 29% |
| 2012 | 2,557,192 | 2,452,787 | 104,405 | 3.8 | 28% |
| 2013 | 2,512,372 | 2,523,463 | −11,091 | 3.7 | 29% |
| 2014 | 2,518,078 | 2,465,045 | 53,033 | 4.0 | 30% |
| 2015 | 2,572,810 | 2,495,692 | 77,118 | 4.3 | 29% |
| 2016 | 2,557,539 | 2,511,468 | 46,071 | 4.5 | 30% |
| 2017 | 2,800,185 | 2,682,723 | 117,462 | 4.7 | 29% |
| 2018 | 2,852,088 | 2,676,689 | 175,399 | 5.5 | 29% |
| 2019 | 2,932,486 | 2,669,050 | 263,436 | 6.7 | 30% |
| 2020 | 2,640,220 | 2,667,279 | −27,059 | 6.6 | 31% |
| 2021 | 3,127,420 | 2,901,800 | 225,620 | 7.0 | 30% |
| 2022 | 3,491,968 | 3,064,734 | 427,234 | 8.3 | 30% |
| 2023 | 3,772,330 | 3,445,337 | 326,993 | 8.5 | 28% |
In its most recent public year (2023), this organization brought in $326,993 more than it spent. Its reserves stood at about 8.5 months of spending, up from 3.5 in 2011. Staff pay was 28% 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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