Land Bank Twin Cities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 3,466,998 | 530,379 | 2,936,619 | 66.4 | 0% |
| 2017 | 3,069,431 | 2,773,753 | 295,678 | 14.0 | 29% |
| 2018 | 2,545,418 | 2,538,843 | 6,575 | 15.3 | 30% |
| 2019 | 2,870,489 | 3,052,775 | −182,286 | 12.0 | 20% |
| 2020 | 3,012,756 | 3,418,677 | −405,921 | 10.5 | 22% |
| 2021 | 6,229,470 | 3,831,988 | 2,397,482 | 16.9 | 19% |
| 2022 | 7,583,813 | 4,611,397 | 2,972,416 | 21.7 | 16% |
| 2023 | 5,868,572 | 6,063,417 | −194,845 | 16.3 | 12% |
In its most recent public year (2023), this organization spent $194,845 more than it brought in. Its reserves stood at about 16.3 months of spending, down from 66.4 in 2016. Staff pay was 12% of spending. $3,860,755 of its net assets are donor-restricted.
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
Land Bank Twin Cities 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