Minnwest Technology Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 86,752 | 69,224 | 17,528 | 6.2 | — |
| 2014 | 141,988 | 80,438 | 61,550 | 14.5 | — |
| 2015 | 65,609 | 99,367 | −33,758 | 7.7 | — |
| 2016 | 50,992 | 81,822 | −30,830 | 4.8 | — |
| 2017 | 38,833 | 69,039 | −30,206 | 0.4 | — |
| 2018 | 28,501 | 31,998 | −3,497 | -0.3 | — |
| 2019 | 46,882 | 29,835 | 17,047 | 6.5 | — |
| 2020 | 24,002 | 28,299 | −4,297 | 5.0 | — |
| 2021 | 39,507 | 33,160 | 6,347 | 6.6 | — |
| 2022 | 51,257 | 31,619 | 19,638 | 14.3 | — |
| 2023 | 40,045 | 66,299 | −26,254 | 2.1 | — |
In its most recent public year (2023), this organization spent $26,254 more than it brought in. Its reserves stood at about 2.1 months of spending, down from 6.2 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
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