Operating record

Bonanza Education Center

Ortonville, MN · EIN 81-0587239 · files the short form (990-EZ), so reduced detail · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2021$32,416$30,399$2,0173.9
2022$21,036$23,450−$2,4143.9
2023$40,410$23,168$17,24212.9
2024$26,701$14,348$12,35331.1

In its most recent public year (2024), this organization brought in $12,353 more than it spent. Its reserves stood at about 31.1 months of spending, up from 3.9 in 2021.

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 2024. 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 ↗