Minneapolis Community Initiatives
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 658 | 641 | 17 | 0.3 | 0% |
| 2018 | 5,549 | 2,750 | 2,799 | 12.3 | — |
| 2019 | 5,000 | 863 | 4,137 | 96.7 | — |
| 2020 | 17,525 | 23,530 | −6,005 | 0.5 | — |
| 2021 | 2,006 | 1,216 | 790 | 17.2 | — |
| 2022 | 2,339 | 1,335 | 1,004 | 24.6 | — |
| 2023 | 1,002 | 743 | 259 | 48.5 | — |
In its most recent public year (2023), this organization brought in $259 more than it spent. Its reserves stood at about 48.5 months 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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